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An announcement from Boab Metals Ltd ( (AU:BML) ) is now available.
Boab Metals Limited has initiated the process to list its shares on the U.S. OTCQB Venture Market, aiming to expand its investor base and enhance liquidity by allowing U.S. investors to trade in U.S. dollars. This move is strategically timed with the rising silver prices and the metal’s inclusion in the U.S. Critical Minerals List, highlighting its importance in clean energy and technology. The Sorby Hills Project, one of the most advanced undeveloped lead-silver projects globally, positions Boab as a potential key player in supplying critical metals for the global energy transition.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
More about Boab Metals Ltd
Boab Metals Limited is a Western Australian exploration and development company focused on the Sorby Hills Project, a lead-silver project located in the East Kimberley region. The company owns a 75% interest in the project, with the remaining 25% held by Henan Yuguang Gold & Lead Co. Ltd., and has the option to acquire full ownership upon a Final Investment Decision.
Average Trading Volume: 1,671,787
Technical Sentiment Signal: Buy
Current Market Cap: A$117.3M
Find detailed analytics on BML stock on TipRanks’ Stock Analysis page.