Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Alara Resources Limited ( (AU:AUQ) ) just unveiled an update.
Alara Resources Limited has announced the initiation of a diamond drilling program at the Al Wash-hi Majaza copper-gold mine in Oman, through its joint venture company, Al Hadeetha Resources. This program, which includes both infill and step-out drilling over 7,000 meters, aims to increase and expand the mine’s mineral resources, potentially extending its operational life. This development could enhance Alara’s positioning within the mining sector by increasing its resource base, thereby potentially offering long-term benefits to stakeholders.
More about Alara Resources Limited
Alara Resources Limited operates in the mining industry, focusing on copper-gold mineral projects. The company has a significant market presence in Oman through its joint venture, Al Hadeetha Resources, where it holds a 51% interest.
YTD Price Performance: 0.0%
Average Trading Volume: 18,571
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €18.07M
For detailed information about AUQ stock, go to TipRanks’ Stock Analysis page.