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The latest update is out from Askari Metals Limited ( (AU:AS2) ).
Askari Metals Limited has announced significant progress in its exploration activities at the Nejo Gold and Copper Project in Ethiopia. The company has engaged with key government and industry stakeholders to secure support for its exploration vision. The initial phase of drilling will target high-priority gold and copper zones, with plans to expand exploration efforts. The company is well-funded, with $3.2 million available, to advance its projects in Ethiopia and Namibia, positioning itself for potential value creation through systematic exploration.
The most recent analyst rating on (AU:AS2) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Askari Metals Limited stock, see the AU:AS2 Stock Forecast page.
More about Askari Metals Limited
Askari Metals Limited is a company operating in the mining industry, focusing on the exploration and development of gold and copper projects. Their flagship project is the Nejo Gold and Copper Project located in Central-Western Ethiopia, which is part of the mineral-rich Arabian Nubian Shield.
Average Trading Volume: 2,135,361
Technical Sentiment Signal: Sell
Current Market Cap: A$7.39M
For a thorough assessment of AS2 stock, go to TipRanks’ Stock Analysis page.