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Mitre Mining Corporation Limited ( (AU:ASL) ) has provided an announcement.
Andean Silver Ltd is advancing its Cerro Bayo Silver-Gold Project in Chile, focusing on developing a historic silver district. The company has increased its mineral resource estimates by 22% to 111 million ounces, reflecting significant progress in its exploration efforts. The project is positioned to leverage high metallurgical recovery rates for both gold and silver, with a calculated silver equivalent based on current market prices. This development enhances Andean Silver’s standing in the mining industry, potentially impacting its operational capabilities and market perception.
The most recent analyst rating on (AU:ASL) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Mitre Mining Corporation Limited stock, see the AU:ASL Stock Forecast page.
More about Mitre Mining Corporation Limited
Average Trading Volume: 1,034,872
Technical Sentiment Signal: Buy
Current Market Cap: A$169.9M
See more data about ASL stock on TipRanks’ Stock Analysis page.