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Bindi Metals Ltd. ( (AU:BIM) ) has shared an update.
Bindi Metals has rapidly advanced exploration at its recently acquired Ravni Gold Project in Serbia, where fieldwork has confirmed a large-scale epithermal gold-silver system and identified multiple high-priority targets. During the December quarter, the company completed extensive surface mapping, 267 rock chip samples and 746 soil geochemistry samples, reported high-grade trenching and selected rush assay results, progressed permitting and landholder engagement for a maiden drilling program planned for the March quarter, agreed to farm out up to a 90% interest in the Schryburt Lake Project, and maintained a cash balance of about $3.45 million to support its expanding exploration campaign.
The most recent analyst rating on (AU:BIM) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Bindi Metals Ltd. stock, see the AU:BIM Stock Forecast page.
More about Bindi Metals Ltd.
Bindi Metals Limited (ASX:BIM) is an exploration-focused resources company, currently concentrating on precious and base metal opportunities. Its portfolio now includes the Ravni Gold Project in Serbia and the Schryburt Lake Project, with activities aimed at advancing early-stage exploration assets toward drill-ready status while maintaining a strong cash position to fund ongoing work.
Average Trading Volume: 159,753
Technical Sentiment Signal: Buy
Current Market Cap: A$10.13M
Find detailed analytics on BIM stock on TipRanks’ Stock Analysis page.