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Brightstar Resources Limited ( (AU:BTR) ) has provided an announcement.
Brightstar Resources Limited has commenced its second processing campaign under an Ore Purchase Agreement with Genesis Minerals Ltd, delivering 55,000 tonnes of ore to the Laverton Mill. The company is advancing its Fish underground mine, expecting first ore in June, and is nearing completion of a Definitive Feasibility Study for its Laverton and Menzies assets. Brightstar aims to enhance its production capabilities and expand its resource base, positioning itself as a multi-asset gold producer.
The most recent analyst rating on (AU:BTR) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on Brightstar Resources Limited stock, see the AU:BTR Stock Forecast page.
More about Brightstar Resources Limited
Brightstar Resources Limited operates in the gold mining industry, focusing on gold production and exploration in the Western Australia Goldfields. The company is engaged in mining operations and development projects, aiming to become a significant gold producer with a target of over 200,000 ounces per annum within five years.
Average Trading Volume: 1,349,826
Technical Sentiment Signal: Buy
Current Market Cap: A$269.4M
Find detailed analytics on BTR stock on TipRanks’ Stock Analysis page.