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Astral Resources Advances Mandilla Project Towards Major Gold Production

Story Highlights
  • Astral Resources is advancing its Mandilla project for significant gold production.
  • The project aims to produce 100,000 ounces annually, enhancing Astral’s market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Astral Resources Advances Mandilla Project Towards Major Gold Production

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Astral Resources NL ( (AU:AAR) ) just unveiled an announcement.

Astral Resources NL has announced its strategic advancement of the Mandilla project, aiming to develop it into a long-term gold mining operation with a target production of 100,000 ounces per year. This development positions Astral to strengthen its foothold in the gold mining sector, potentially enhancing its market presence and offering promising implications for stakeholders.

The most recent analyst rating on (AU:AAR) stock is a Buy with a A$0.45 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 precious metals industry, focusing on gold mining development. The company is engaged in advancing its Mandilla project towards becoming a significant gold mining operation, targeting a multi-decade production of 100,000 ounces per annum.

Average Trading Volume: 3,225,581

Technical Sentiment Signal: Buy

Current Market Cap: A$257M

For an in-depth examination of AAR stock, go to TipRanks’ Overview page.

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