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The latest announcement is out from Aurum Resources Limited ( (AU:AUE) ).
Aurum Resources Limited has announced promising results from its ongoing drilling program at the Napié Gold Project in Côte d’Ivoire, revealing high-grade gold intercepts at the Tchaga deposit. The company is expanding its drilling efforts with two rigs at Napié and twelve at Boundiali, aiming to significantly grow its mineral resource base. With a strong cash position of $43 million, Aurum is well-positioned to continue its aggressive exploration and development strategy, with major resource updates and a pre-feasibility study for the Boundiali Project expected in early 2026.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.50 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 operates in the mining industry, focusing primarily on gold exploration and development. The company is engaged in expanding its mineral resources through extensive drilling programs, with a particular focus on projects in Côte d’Ivoire, such as the Napié Gold Project.
Average Trading Volume: 1,015,817
Technical Sentiment Signal: Buy
Current Market Cap: A$211.5M
Find detailed analytics on AUE stock on TipRanks’ Stock Analysis page.