An announcement from GWR Group Limited ( (AU:GWR) ) is now available.
GWR Group Limited announced the receipt of $2.53 million in royalties from the Wiluna Iron Ore Project and ongoing exploration at the Prospect Ridge Magnesium Project. The company is actively pursuing strategic growth opportunities, including potential acquisitions, and maintains a strong position in the tungsten market amid Chinese export restrictions. With significant cash reserves and investments, GWR is well-positioned to secure high-quality assets that offer near-term cash flow and exploration potential.
More about GWR Group Limited
GWR Group Limited is an independent Australian resource company focused on creating shareholder wealth through the development of high-quality mineral exploration and development projects. The company has a diverse portfolio of mineral commodity projects, including direct holdings, joint ventures, and investments in other listed entities. GWR aims to create value through operational excellence and innovation in exploration and project development, with a commitment to building a sustainable mining business.
YTD Price Performance: 13.75%
Average Trading Volume: 360,430
Technical Sentiment Signal: Hold
Current Market Cap: A$29.45M
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