tiprankstipranks

Marmota Limited Updates Investors on AuroraTank Project

Story Highlights
Marmota Limited Updates Investors on AuroraTank Project

An announcement from Marmota Limited ( (AU:MEU) ) is now available.

Marmota Limited, trading on the ASX under the symbol MEU, has provided an investor update regarding its AuroraTank project located in the Gawler Craton region of South Australia. The company has a market capitalization of approximately $64 million, with a share price of $0.055 and cash reserves of $6.1 million as of February 2025. The update highlights a focus on reducing costs, minimizing dilution, and increasing exploration efforts. Key shareholders hold significant portions of the company, with the top 20 shareholders owning around 40% of the shares.

More about Marmota Limited

YTD Price Performance: 35.90%

Average Trading Volume: 1,986,820

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$62.45M

See more data about MEU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App