The latest update is out from Australian Rare Earths Limited ( (AU:AR3) ).
Australian Rare Earths Limited (AR3) has announced a significant discovery of calcrete-hosted uranium at its Overland project, confirming the presence of widespread mineralization. This discovery, along with the potential for deeper in-situ recovery (ISR) deposits, enhances the strategic value of AR3’s extensive exploration land package. The company plans to continue drilling to explore high-priority targets and expects to release assay results progressively, which could impact its market positioning and stakeholder interests.
More about Australian Rare Earths Limited
Australian Rare Earths Limited operates in the mineral exploration industry, focusing on the discovery and development of rare earth elements and uranium. The company is engaged in exploring a vast 4,000 km² land package, emphasizing its strategic value in the frontier uranium play.
YTD Price Performance: -20.0%
Average Trading Volume: 107,106
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.72M
For a thorough assessment of AR3 stock, go to TipRanks’ Stock Analysis page.