Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Alien Metals Ltd ( (GB:UFO) ) has issued an announcement.
Alien Metals Limited reported strategic progress in the first half of FY2025, notably expanding its Hancock Iron Ore Project by over 50% with new exploration leases, and increasing its exploration target significantly. The company also formed a joint venture for its Elizabeth Hill Silver project, retaining a 30% interest, and received interest in its Pinderi Hills Project, which is prospective for copper, nickel, and PGMs. Financially, Alien raised £1 million and extended its funding facility, positioning itself well in a supportive market environment for iron ore and critical minerals.
More about Alien Metals Ltd
Alien Metals Limited is a minerals exploration and development company focused on advancing its flagship Hancock Iron Ore Project in the Pilbara region and its precious and base metals portfolio at Pinderi Hills. The company operates in the mining industry, with a market focus on iron ore, silver, nickel, copper, and platinum group elements.
Average Trading Volume: 191,206,577
Technical Sentiment Signal: Buy
Current Market Cap: £16.61M
Find detailed analytics on UFO stock on TipRanks’ Stock Analysis page.