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An announcement from Midas Minerals Limited ( (AU:MM1) ) is now available.
Midas Minerals Limited has reported its December 2024 quarterly activities, highlighting the mapping and sampling work conducted at its Challa and Newington projects to refine drill targets, with results expected in the March quarter. The company completed a $1.6 million capital raising to further its exploration efforts, and its cash position at the end of 2024 was $1.05 million. Midas expanded its Challa Project tenure by 12%, enhancing its resource potential near the Windimurra Vanadium Mine.
More about Midas Minerals Limited
Midas Minerals Limited is a company engaged in the exploration of gold and base metal projects, primarily focusing on the Goldfields region of Western Australia. The company aims to identify and develop advanced projects with significant resource potential.
YTD Price Performance: -5.00%
Average Trading Volume: 274,497
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.41M
Learn more about MM1 stock on TipRanks’ Stock Analysis page.
