Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Ariana Resources ( (GB:AAU) ).
Ariana Resources has announced an updated in-pit Mineral Resource Estimate for the Dokwe Gold Project in Zimbabwe, reflecting a 9% increase in resources. This update, supported by a more accurate geological model, enhances the project’s feasibility, positioning it as a significant future mining hub in Zimbabwe, with potential production of up to 100,000 ounces of gold annually over a decade.
More about Ariana Resources
Ariana Resources PLC is an AIM-listed mineral exploration and development company with interests in gold projects across Africa and Europe.
YTD Price Performance: 2.70%
Average Trading Volume: 1,861,954
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £35.4M
For a thorough assessment of AAU stock, go to TipRanks’ Stock Analysis page.