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The latest announcement is out from Astral Resources NL ( (AU:AAR) ).
Astral Resources NL announced exceptional metallurgical test results from its Feysville deposits, with gold recoveries exceeding 98% at the Kamperman site. These results support the inclusion of Feysville deposits into the Mandilla Pre-Feasibility Study, potentially enhancing the project’s economic viability by providing higher-grade ore feed. The company plans to repeat tests with higher cyanide concentrations to improve recovery rates further, and it remains on track to complete the Mandilla PFS this quarter.
The most recent analyst rating on (AU:AAR) stock is a Buy with a A$0.29 price target. To see the full list of analyst forecasts on Astral Resources NL stock, see the AU:AAR Stock Forecast page.
More about Astral Resources NL
Astral Resources NL operates in the mining industry, focusing primarily on gold exploration and production. The company is engaged in developing its key deposits, including Kamperman and Rogan Josh, and is working towards integrating these resources into its Mandilla Pre-Feasibility Study.
Average Trading Volume: 2,521,000
Technical Sentiment Signal: Buy
Current Market Cap: A$219.7M
See more insights into AAR stock on TipRanks’ Stock Analysis page.