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Boab Metals Ltd ( (AU:BML) ) has issued an update.
Boab Metals Limited has received Federal EPBC Act approval for its Sorby Hills Project, allowing the development of an open-pit operation and necessary infrastructure. This milestone provides certainty and confidence for the project’s advancement, with a Final Investment Decision targeted for Q4 2025.
The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
More about Boab Metals Ltd
Boab Metals Limited is a Western Australian exploration and development company focused on the Sorby Hills Project. Located near Kununurra in the East Kimberley, the project aims to develop a silver-lead-zinc operation. Boab holds a 75% interest in the project, with an option to acquire the remaining 25% from Henan Yuguang Gold & Lead Co. Ltd upon reaching a Final Investment Decision.
Average Trading Volume: 850,343
Technical Sentiment Signal: Hold
Current Market Cap: A$47.47M
Find detailed analytics on BML stock on TipRanks’ Stock Analysis page.