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Medallion Metals Ltd ( (AU:MM8) ) has shared an announcement.
Medallion Metals Limited has successfully executed ancillary agreements as part of its proposed acquisition of the Forrestania Nickel Operation from IGO Ltd. These agreements cover mineral rights, royalty arrangements, and land options, marking a significant milestone towards completing the transaction. The acquisition is expected to enhance Medallion’s operational capabilities and strategic positioning in the mining sector, with completion targeted by the end of 2025.
The most recent analyst rating on (AU:MM8) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.
More about Medallion Metals Ltd
Medallion Metals Limited is a company operating in the mining industry, focusing on the exploration and production of minerals, particularly gold and nickel. The company is engaged in advancing its sulphide production strategy and reinvigorating gold exploration across the Forrestania greenstone belt.
Average Trading Volume: 1,393,803
Technical Sentiment Signal: Buy
Current Market Cap: A$254.6M
For a thorough assessment of MM8 stock, go to TipRanks’ Stock Analysis page.