Yugo Metals Ltd. Stock Analysis YUG.AX

Yugo Metals Ltd. engages in acquiring and exploring mineral exploration property interests located in Bosnia and Herzegovina. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-10-21. The principal activity of the Company is to explore for base and precious metals on tenement interests it holds in Bosnia and Herzegovina. The company holds a 100% interest in exploration licenses in three project areas in Bosnia and Herzegovina namely: Sinjakovo (comprising Sinjakovo and Jezero tenements) - approximately 80.8 square kilometers (km2), Sockovac - over 49 km2 at Doboj tenement, and Cajnice - 49.5 km2. The Doboj project is located on the territory of the City of Doboj, in the central or northern part of the Republic of Srpska and Bosnia and Herzegovina. The Jezero Project is located in the eponymous western municipality of Republika Srpska in Bosnia and Herzegovina. The Sockovac Project is located in the central north of Bosnia and Herzegovina. The Sinjakovo Project is located three kilometers to the south of Mrkonjic-Grad.