CMFC surges 59.8% as investors reprice critical minerals play

Shares of Critical Minerals Financing Corp Plc (CMFC), formerly Deap Capital Management and Trust Plc, surged by 59.80 percent last week, making it the biggest gainer on the Nigerian Exchange. The stock rose from N2.04 amid increased buying interest from investors. Despite the surge, the company's latest financial statements still show a loss position. Investors appear to be repricing the stock based on its new focus on critical minerals.

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