Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest announcement is out from Infinity Mining Limited ( (AU:IMI) ).
Infinity Mining Limited has announced the acquisition of 12 exploration tenements in Eastern Australia, significantly boosting its presence in the region and extending its activities into New South Wales, Victoria, and Tasmania. These projects are highly prospective for gold, copper, and critical minerals, complementing Infinity’s existing assets in Western Australia. Additionally, the company raised A$2 million to advance these new projects and existing ones in WA. Notable projects include the Cangai Copper Project, which contains a substantial mineral resource, and the Bogong Copper Project in NSW, which has shown promising drill results. In WA, Infinity continues to explore lithium and nickel resources across several projects, with ongoing analysis and preparations for further exploration activities.
More about Infinity Mining Limited
Infinity Mining Limited is a mining company involved in the exploration and development of gold, copper, lithium, and other critical minerals. The company operates primarily in Australia, with a focus on expanding its portfolio through strategic acquisitions and exploration projects in regions with high mineral potential. Its market focus includes the mining and resource exploration industry, with interests in both Western and Eastern Australia.
YTD Price Performance: 10.0%
Average Trading Volume: 433,926
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.63M
Learn more about IMI stock on TipRanks’ Stock Analysis page.
