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Brightstar Resources Limited ( (AU:BTR) ) has provided an update.
Brightstar Resources Limited has announced its ongoing efforts to advance its TARGET200 growth strategy, which includes the development of a Sandstone processing plant projected to begin construction in the second half of 2027 and start gold production by the second half of 2028. This initiative is part of Brightstar’s broader plan to increase its production profile to over 200,000 ounces per annum by 2029, although these targets are aspirational as the company has yet to complete a pre-feasibility study for the Sandstone project.
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 is a company focused on becoming a leading gold producer in Western Australia. The company is involved in the exploration and development of gold projects, with a particular emphasis on its Laverton and Menzies hubs.
Average Trading Volume: 1,992,069
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$231.6M
Find detailed analytics on BTR stock on TipRanks’ Stock Analysis page.