FireFly Metals (ASX:FFM) Soars 112% in a Year On Resource Growth and Key Developments

Tue 11 Feb 25, 05:38 AM | Team Kalkine

Image source: Shutterstock

Highlights

Green Bay Copper-Gold project’s resource estimate increased by 42%, now totaling 59Mt @ 2% CuEq.

High-grade assay results from the Ming underground mine confirmed thick, high-quality mineralisation.

In December 2024, FireFly Metals received conditional approval to list on the Toronto Stock Exchange (TSX).

Total assets jumped 189.9% YoY to AUD 249.0 million in FY24, while other income increased by 80.8%.

An emerging copper-gold company, FireFly Metals Ltd (ASX:FFM) has seen its share price surge by over 112% in the past year, driven by significant resource expansion and encouraging drilling results at its Green Bay copper-gold project in Newfoundland, Canada.

Major Resource Upgrade Sparks Rally

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