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An announcement from Cyclone Metals Ltd ( (AU:CLE) ) is now available.
Cyclone Metals Limited announced the departure of its founding director and former Non-Executive Chairman, Tony Sage, acknowledging his contributions over 24 years. Under his leadership, the company executed numerous strategic transactions, enhancing its market position. The board is reviewing its structure after his departure and will update shareholders as Cyclone progresses its joint venture with Vale S.A. on the Iron Bear Project in Canada.
More about Cyclone Metals Ltd
Cyclone Metals Limited is a company in the mining industry, focusing on acquiring and investing in distressed or undervalued assets with the aim of monetizing them. The company has been involved in various significant transactions, including projects in iron ore, copper, lead-zinc-silver, and gold, and has a market focus on monetizing these assets while retaining some exposure through royalties or equity interests.
YTD Price Performance: 7.14%
Average Trading Volume: 2,303,960
Technical Sentiment Signal: Sell
Current Market Cap: A$66.36M
For detailed information about CLE stock, go to TipRanks’ Stock Analysis page.