QMines Ltd. Expands Portfolio with Mount Mackenzie Acquisition
QMines Ltd. has announced the acquisition of the Mount Mackenzie project, enhancing its portfolio with a high-grade gold and silver venture. This strategic move aims to strengthen QMines' market position and resource base, potentially increasing stakeholder value. The company, focused on mineral resource exploration and development, operates projects like Mt Chalmers and Develin Creek. Current market cap stands at €10.34M, with a year-to-date price performance of -30.0%.
The latest update is out from QMines Ltd. ( (AU:QML) ).
QMines Ltd. has announced the acquisition of the Mount Mackenzie project, a high-grade gold and silver venture that complements its existing portfolio. This strategic move is expected to enhance QMines’ market position by expanding its resource base, potentially increasing value for stakeholders and strengthening its foothold in the mining sector.
More about QMines Ltd.
QMines Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources, particularly high-grade gold and silver projects. The company is involved in projects like Mt Chalmers and Develin Creek, adhering to the JORC 2012 Mineral Code for reporting exploration results.
YTD Price Performance: -30.0%
Technical Sentiment Signal: Buy
Current Market Cap: €10.34M
See more insights into QML stock on TipRanks’ Stock Analysis page.
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