Claim 50% 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
The latest update is out from Apollo Minerals Limited ( (AU:AON) ).
Apollo Minerals has secured the reinstatement of its Couflens exploration permit in southern France for a five-year term, reopening access to the 42km² project area that hosts the historic high-grade Salau tungsten mine and significant associated gold mineralisation. The company highlighted the mine’s strong production history, high-grade tungsten and gold results from historical drilling, channel sampling and rock chips, and the presence of open mineralisation at depth and along a 5km structural corridor, positioning Couflens as a potential strategic European supplier of tungsten amid heightened critical raw materials concerns and supporting Apollo Minerals’ efforts to reassess data and design new exploration programs to unlock project and shareholder value.
The most recent analyst rating on (AU:AON) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Apollo Minerals Limited stock, see the AU:AON Stock Forecast page.
More about Apollo Minerals Limited
Apollo Minerals Limited is an ASX-listed mineral exploration company focused on high-grade tungsten and gold projects, with a particular emphasis on strategic, critical raw materials for European industrial markets. Its flagship asset is the Couflens Project in the French Pyrenees, which includes the historic Salau mine, formerly one of the world’s highest-grade tungsten operations.
Average Trading Volume: 10,017,880
Technical Sentiment Signal: Sell
Current Market Cap: A$9.28M
Find detailed analytics on AON stock on TipRanks’ Stock Analysis page.