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Aurum Resources Limited ( (AU:AUE) ) has shared an update.
Aurum Resources Limited has announced promising high-grade gold results from its extensive drilling program at the Boundiali Gold Project in Côte d’Ivoire. The company is expanding its drilling operations with the addition of two new rigs, aiming to accelerate its exploration efforts and increase its resource base. With mineralization open along strike and at depth, Aurum is well-positioned for significant resource growth. The company is also conducting a Pre-Feasibility Study at Boundiali and is financially robust with a strong cash position, setting the stage for substantial shareholder value through 2025 and into 2026.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.39 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 focused on gold exploration and development. The company is engaged in significant drilling programs to expand and confirm mineral resources at its projects, particularly in Côte d’Ivoire.
Average Trading Volume: 886,183
Technical Sentiment Signal: Buy
Current Market Cap: A$182.2M
For a thorough assessment of AUE stock, go to TipRanks’ Stock Analysis page.