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IN BRIEF: Metal Tiger annual profit falls; backs copper firm

Thu, 20th May 2021 21:16

Metal Tiger PLC - natural resources investor - Pretax profit falls 15% to GBP3.8 million in 2020, from GBP4.5 million in 2019. Numbers show non-repeat of GBP3.3 million gain from sale of interests in exploration operations in Botswana. In addition, company invests in Camino Minerals Corp, a discovery and development stage copper exploration company with assets in Peru. Metal Tiger subscribes for 5.9 million shares at CAD0.017 each, for CAD1 million in total, about GBP584,505.

Current stock price: 31.00 pence

Year-to-date change: up 33%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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