Added to YB: 2026-07-17
Pitch date: 2026-07-11
CY5.AX [bullish]
Cygnus Metals Limited
+4%
current return
Author Info
Spread Hunters is an investor community focused on hunting spreads: opportunities where there is a mismatch between market price and the value we see in special situations, merger arbitrage, odd‑lots and other corporate events. Sign up for the newsletter.
Company Info
Cygnus Metals Limited engages in the exploration of mineral properties in Canada and Australia. The company explores for lithium, gold, nickel, and copper deposits, as well as rare earth elements and platinum group elements.
Market Cap
AUD 152.6M
Pitch Price
AUD 0.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
-13.95
P/E
-14.34
EV/Sales
N/A
Sector
Metals and Mining
Category
special_situation
Monthly SpreadHunters Monitoring - Cygnus Metals Limited (ASX: CY5) — NEW
CY5.AX (new position): Australian junior miner in merger arb situation announced June 2026. Timeline: Scheme Booklet July-Aug, ASIC/CAML circular Aug, shareholder vote needing 75% approval Sept 2026. Clear catalyst in 3-4mo. Economic terms/exchange ratio pending Scheme Booklet.
Read full article (1 min)