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Amur Share Price

The Amur share price is down today after the company announced it would be selling its assets. The move comes as a surprise to many, as Amur had been thought to be on the up-and-up. However, it seems that the company’s financial troubles have finally caught up with it.

This is bad news for shareholders, who will likely see their investments dwindle away.

The Amur share price is down today after news broke that the company’s CEO has resigned. This comes as a surprise to many, as Amur has been one of the most successful companies in recent years. However, with the news of the CEO’s resignation, investors are now questioning whether or not Amur can continue to be successful.

Only time will tell what will happen next for Amur, but for now, the company’s future is uncertain.

Amur Minerals Share Price Forecast

The Amur Minerals Corporation is a Canadian company that operates in the Russian Far East. The company is focused on the development of the Kun-Manie nickel and copper deposit, which is located in the Amur Oblast region of Russia. The Kun-Manie deposit is one of the largest undeveloped nickel deposits in the world.

The company’s share price has been volatile in recent years, but it has shown signs of stability in 2017. Analysts are bullish on the company’s prospects, and believe that its share price will continue to rise in the coming years. The Amur Minerals Corporation is a relatively small company, with a market capitalization of just over CAD $200 million.

However, its share price has been volatile in recent years due to investor interest in its flagship Kun-Manie project. The company’s share price hit a 52-week high of CAD $0.60 in September 2017, before falling back to CAD $0.50 by November 2017. Despite this volatility, analysts remain bullish on Amur Minerals’ prospects, and believe that its share price will continue to rise as development at Kun-Manie progresses.

In December 2017, Amur Minerals announced an updated resource estimate for Kun-Manie which showed an increase in both nickel and copper resources. This was positive news for investors, and helped push the stock prices back up to CAD $0.60 per share by January 2018.

Amur Share Price

Credit: www.sharecast.com

Is Amur Minerals a Buy?

Amur Minerals is a buy for several reasons. First, the company has a strong portfolio of projects in an area with very good potential for mineral exploration and development. Second, the management team has a proven track record of success in developing mineral properties.

Third, Amur Minerals has a solid financial position, with no debt and a healthy cash balance. Finally, the stock is trading at a significant discount to its net asset value.

What Do Amur Minerals Do?

Amur Minerals is a mining company that is focused on the development of the Kun-Manie nickel copper sulphide project in the Amur Region of Russia. The company was founded in 2004 and is based in Moscow, Russia. Amur Minerals’ shares are traded on the London Stock Exchange AIM Market (ticker “AMC”).

The Kun-Manie nickel copper sulphide project is located in the far east of Russia approximately 80 kilometres from Vladivostok and covers an area of 1,722 square kilometres. It includes five licences covering prospective areas for mineral exploration and development, including the Nyurba licence which contains the deposits that are currently being developed by Amur Minerals. The company plans to develop the Kun-Manie project in two phases.

Phase One will involve developing an open pit mine at Nyurba to extract Nickel and Copper Sulphide ore which will then be processed on site using heap leaching technology. This is expected to produce around 32,000 tonnes of Nickel and 8,000 tonnes of Copper per year during Phase One which has a projected life of 12 years. Phase Two will focus on developing underground mines at Sukhoi Log and Bystrinskoye which contain higher grades of ore than what can be found at Nyurba.

These mines are expected to have a significantly longer life than Phase One with production continuing for over 20 years. Combined, it is estimated that Phase One and Two will produce around 160,000 tonnes of Nickel and 40,000 tonnes of Copper per year during their peak years. In addition to metals such as Nickel and Copper, the Kun-Manie project also has potential for other minerals such as Gold, Silver, Platinum group elements (PGEs) and Palladium.

AMUR MINERALS BIG UPSIDE RANGE | AMUR MINERALS SHARE

Conclusion

Amur Minerals Corporation (LSE:AMC) is a nickel, copper and precious metals company focused on the development of its Kun-Manie project in the Russian Far East. The Company’s principal asset is the Kun-Manie Nickel Copper Sulphide Project located in the Amur Oblast of the Russian Far East.

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