Multiverse Mining and Exploration Plc (MULTIV.ng) Unveils 2023 Annual Report
Multiverse Mining and Exploration Plc (MULTIV.ng), a prominent entity in the Mining sector listed on the Nigerian Stock Exchange, has recently unveiled its highly anticipated 2023 annual report. This comprehensive report offers a detailed overview of the company’s performance and financial standing over the past year.
For those interested in obtaining more in-depth information about Multiverse Mining and Exploration Plc (MULTIV.ng), including abridged reports, interim earnings results, and earnings presentations, all relevant documents can be accessed on the company’s page on AfricanFinancials.
In terms of share trading liquidity, Multiverse Mining and Exploration Plc (MULTIV.ng) has demonstrated a total indicative share trading liquidity of US$697.64K (NGN557.78M) over the past 12 months, with a monthly average of US$58.14K (NGN46.48M) as of the 3rd of March 2024.
Multiverse Mining and Exploration Plc, formerly known as Multiverse Resources Plc, is a respected exploration and mining company operating in Nigeria. The company holds licenses for the extraction of various ores, including zinc, copper, gold, lead, tantalite, tin, and barite. Notably, Multiverse Mining and Exploration Plc began operations at a granite quarry in Ogun State in 2005 and has since expanded its installed capacity from 600,000 tons per annum to over 1 million tons across three locations in Nigeria.
Furthermore, the company operates a zinc and lead mine at Abuni in Awe Local Government Area in Nasarawa State and is actively pursuing the expansion of its mining operations to include exploration licenses for tin ore, tantalite ore, and copper ore. The company’s headquarters is situated in Lagos, Nigeria, serving as a crucial hub for its operations.
As a significant entity in the Nigerian Stock Exchange, Multiverse Mining and Exploration Plc (MULTIV.ng) currently has a share price of 13.75 NGN (0.00 | 0.00% – 26/04/24). Moreover, the company has recently made important disclosures and announcements, such as the declaration of a final dividend of 0.05 NGN per share on February 20, 2024.
In conclusion, the release of the 2023 annual report by Multiverse Mining and Exploration Plc (MULTIV.ng) offers stakeholders, investors, and the general public valuable insights into the company’s activities, financial performance, and strategic direction. With a strong presence in the Mining sector and ambitious expansion plans, Multiverse Mining and Exploration Plc continues to be a key player in Nigeria’s mining industry.
