Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An update from Beacon Minerals Limited ( (AU:BCN) ) is now available.
Beacon Minerals Limited has commenced an eight-hole diamond drill program at the Lady Ida Iguana Deposit to provide core for geotechnical, geological, and metallurgical assessments. This initiative aims to optimize and design open pit work, targeting mineralization below the existing pit floor, with results expected in the second quarter of 2025. The drilling, contracted to Terra Drilling Pty Ltd, is anticipated to take up to four weeks, potentially bolstering the company’s operational capabilities and market position as it builds on its recent 17 million tonne mineral resource estimate for the Iguana Deposit.
More about Beacon Minerals Limited
Beacon Minerals Limited is a company operating in the mining industry, focusing on mineral exploration and development. It is primarily involved in advancing mining projects and enhancing its mineral resource estimates.
YTD Price Performance: 13.64%
Average Trading Volume: 2,873,026
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$105.7M
Find detailed analytics on BCN stock on TipRanks’ Stock Analysis page.
