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Ardea Resources ( (AU:ARL) ) has issued an announcement.
Ardea Resources has provided an update on the Definitive Feasibility Study (DFS) for the Goongarrie Hub within the Kalgoorlie Nickel Project, now expected to complete in the first half of 2026 due to minor delays. Despite the postponement, the company highlights significant progress, including a Heritage Agreement and increased stakeholder collaboration, which underscores its commitment to optimizing project outcomes and maintaining strong industry partnerships.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
More about Ardea Resources
Ardea Resources Limited operates in the mining industry, focusing on the extraction and development of nickel and cobalt resources. The company is primarily engaged in the Kalgoorlie Nickel Project, which aims to establish a long-life, low-cost nickel-cobalt production hub.
YTD Price Performance: 46.27%
Average Trading Volume: 77,232
Technical Sentiment Signal: Buy
Current Market Cap: A$103.1M
For detailed information about ARL stock, go to TipRanks’ Stock Analysis page.