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Bathurst Resources Ltd ( (AU:BRL) ) has issued an announcement.
Bathurst Resources Limited has released an updated feasibility study for its Tenas Project, confirming the validity of its coal reserves and economic viability despite inflationary pressures. The study, conducted by independent technical advisers, highlights the project’s competitive operating and capital cost structure, ensuring its potential as a significant steelmaking coal development opportunity.
The most recent analyst rating on (AU:BRL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Bathurst Resources Ltd stock, see the AU:BRL Stock Forecast page.
More about Bathurst Resources Ltd
Bathurst Resources Limited operates in the mining industry, focusing primarily on steelmaking coal production. The company, through its subsidiary Telkwa Mining Limited, is involved in the development of the Tenas Project in British Columbia, Canada, which aims to deliver competitive steelmaking coal with a focus on maintaining a cost-effective operation.
Average Trading Volume: 50,364
Technical Sentiment Signal: Sell
Current Market Cap: A$150M
For detailed information about BRL stock, go to TipRanks’ Stock Analysis page.