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MetalsTech Ltd ( (AU:MTC) ) has provided an update.
MetalsTech Limited has secured a $5 million facility to advance the development of its Sturec Gold Mine in Slovakia. The company completed revisions to its underground-only Scoping Study, reflecting updated gold and silver prices and improved mining methods. The commencement of mining activities and a focus on maximizing shareholder value underscore MetalsTech’s strategic efforts in leveraging high gold and silver prices to enhance project value.
More about MetalsTech Ltd
MetalsTech Limited operates in the mining industry, primarily focusing on the exploration and development of gold and silver resources. The company’s flagship project is the Sturec Gold Mine in Slovakia, known for its significant gold reserves.
YTD Price Performance: -5.00%
Average Trading Volume: 8,611
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €15.37M
See more data about MTC stock on TipRanks’ Stock Analysis page.