Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Anson Resources ( (AU:ASN) ) has provided an update.
Anson Resources Limited has announced plans to conduct laboratory testing on historical diamond core samples from the Green River project area to determine porosity, specific yield, and permeability. This testing is expected to lead to an upgrade of the JORC resource estimate, enhancing the company’s ability to fast-track the project into production. The discovery of these core samples will save costs and time, as new core samples will not be required, and will aid in identifying horizons for brine extraction and disposal, potentially impacting the company’s operational efficiency and market positioning.
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 Australian company operating in the mining industry, primarily focusing on lithium extraction and production. The company is engaged in projects that aim to develop lithium resources, with a significant focus on the Green River Lithium Project in southeastern Utah, USA.
YTD Price Performance: 34.29%
Average Trading Volume: 2,741,362
Technical Sentiment Signal: Hold
Current Market Cap: A$135.6M
Learn more about ASN stock on TipRanks’ Stock Analysis page.