Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Aurum Resources Limited ( (AU:AUE) ) has issued an update.
Aurum Resources Limited has reported promising high-grade gold intercepts from its Boundiali Gold Project in Côte d’Ivoire, as part of its ongoing 100,000-meter drilling program. The results indicate significant potential for resource growth, with mineralization open along strike and depth. The company is also conducting a 30,000-meter drilling program at the Napié Gold Project, targeting expansion of its existing mineral resource estimate. With substantial cash reserves and a fleet of self-owned diamond rigs, Aurum is well-positioned for continued exploration success and value creation in 2025.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
More about Aurum Resources Limited
Aurum Resources Limited is a company operating in the mining industry, primarily focusing on gold exploration and development. The company is engaged in significant drilling programs at its Boundiali Gold Project in Côte d’Ivoire and the Napié Gold Project, aiming to expand its gold resources and enhance its market position.
Average Trading Volume: 624,566
Technical Sentiment Signal: Buy
Current Market Cap: A$168.1M
See more insights into AUE stock on TipRanks’ Stock Analysis page.