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Matador Mining Ltd ( (AU:AAM) ) has shared an update.
AuMEGA Metals Ltd has identified a major structure at Bunker Hill from recent RC drilling, as announced in their updated release. This discovery could enhance the company’s mineral resource base and strengthen its position in the gold exploration industry, potentially benefiting stakeholders by increasing resource estimates and attracting further investment.
The most recent analyst rating on (AU:AAM) stock is a Buy with a A$0.19 price target. To see the full list of analyst forecasts on Matador Mining Ltd stock, see the AU:AAM Stock Forecast page.
More about Matador Mining Ltd
AuMEGA Metals Ltd is an exploration company focused on its expansive land package along the Cape Ray Shear Zone in Newfoundland, Canada, recognized as the region’s largest identified gold structure. The company is supported by global institutional investors and strategic investment from B2Gold Corp, and it holds significant gold and copper resources, including the Blue Cove Copper Project.
Average Trading Volume: 720,495
Technical Sentiment Signal: Sell
Current Market Cap: A$22.96M
Learn more about AAM stock on TipRanks’ Stock Analysis page.