Ironbark Zinc Ltd (AU:IBG) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Ironbark Zinc Ltd has announced the divestment of its Citronen Zn-Pb Project by selling its subsidiary, Ironbark A/S, to Almeera Ventures Limited for A$1.4 million. This strategic move is part of Ironbark’s plan to focus on gold and precious metal opportunities, using the proceeds to support exploration in its existing project portfolio. The transaction is set to conclude within four months, pending regulatory approvals.
For further insights into AU:IBG stock, check out TipRanks’ Stock Analysis page.
