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Matador Mining Ltd ( (AU:AAM) ) has shared an update.
AuMEGA Metals Limited has released a presentation regarding its Cape Ray Gold Project in Newfoundland, Canada. The company confirms that there are no new material changes to the previously announced mineral resource estimates. The project uses specific cut-off grades for open pit and underground mining, with detailed cost assumptions and parameters for resource estimation. This announcement reaffirms the company’s ongoing commitment to the project and provides stakeholders with updated technical insights, ensuring transparency and continuity in its exploration and development activities.
The most recent analyst rating on (AU:AAM) stock is a Buy with a A$0.16 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
Average Trading Volume: 606,335
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$18.79M
For a thorough assessment of AAM stock, go to TipRanks’ Stock Analysis page.