Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Anson Resources ( (AU:ASN) ) just unveiled an announcement.
Anson Resources has commenced earthworks to re-establish the drill pad at the Mt Fuel-Skyline Geyser well as part of its Green River Lithium Project in Utah. The drilling program is expected to enhance the JORC Mineral Resource estimate by targeting lithium-rich brines in the Mississippian units. This initiative is part of Anson’s strategy to leverage historical data and geological models to optimize future extraction and disposal well locations, potentially boosting the company’s resource estimates and operational efficiency.
The most recent analyst rating on (AU:ASN) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Anson Resources stock, see the AU:ASN Stock Forecast page.
More about Anson Resources
Anson Resources Limited is an exploration and development company focused on the extraction of lithium and other minerals. The company operates primarily in the Green River Lithium Project located in southeastern Utah, USA, where it aims to develop sustainable mining practices.
YTD Price Performance: 28.57%
Average Trading Volume: 2,828,456
Technical Sentiment Signal: Hold
Current Market Cap: A$129.8M
See more insights into ASN stock on TipRanks’ Stock Analysis page.