Star Minerals Ltd. ( (AU:SMS) ) just unveiled an update.
Star Minerals Limited has announced the termination of its Earn-In and Exploration Rights Agreement with Madison Metals Inc. The agreement, which involved the acquisition of an interest in the Cobra Uranium Project in Namibia, was terminated due to the inability to agree on revised terms for the first payment. This decision halts Star Minerals’ plans to expand its operations into the Namibian uranium sector, potentially impacting its strategic growth and market positioning.
More about Star Minerals Ltd.
Star Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker SMS.
YTD Price Performance: -25.00%
Average Trading Volume: 192,423
Technical Sentiment Consensus Rating: Buy
For detailed information about SMS stock, go to TipRanks’ Stock Analysis page.
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