Metal Bank Limited (AU:MBK) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Metal Bank Limited has successfully secured an exploration license for the Wadi Al Junah copper, zinc, and gold project through its Saudi Arabian joint venture, Consolidated Mining Company. This project, fully permitted and set to start immediately, highlights Metal Bank’s expansion strategy in the MENA region and promises potential growth with incentives for exploration expenditure. The company is finalizing exploration plans and aims to update the market soon.
For further insights into AU:MBK stock, check out TipRanks’ Stock Analysis page.