Caerus Mineral Resources (CMRS.L) Shares Drop 5.04% Even After Updating On Jubilee Option Agreement.

As of July 16, Caerus Mineral Resources shares lost 5.04% and 1.3 GBP. The price is standing at 24.5 GBP. The of the previous trading session was enclosed at 25.8 GBP and opened at 24.5 GBP. The most recent peak of prices was on June 28 when the shares were worth 30.75 GBP. The firm has a negative EPS rate of -2.3 which might indicate earning losses. Caerus Mineral Resources operates in the Republic of Cyprus as an exploration and resource development company. The Company’s goal is to create value for all stakeholders by discovering, developing, and producing copper-gold Mineral Resources.

In recent updates on the Option Agreement with Jubilee Metals Group that was first announced on May 4th, the company shared that both companies have proceeded with a pilot sampling of the program that aims to compensate the time lost due to COVID-19 travel restrictions. The program is planned to be launched in the middle of September.

Paul Meyer

Part-Time Reporter. Paul could do better in his engineering profession where he became a real pro. However, he chose the finance field to find a tranquil environment in his career. Today he creates a good number of great content for our team.

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