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Brightstar Resources Limited ( (AU:BTR) ) has provided an announcement.
Brightstar Resources Limited has announced its aspirations to construct a Sandstone processing plant by the second half of 2027, with the goal of achieving first gold production by the second half of 2028. The company aims to increase its production profile to over 200,000 ounces per annum by 2029. However, these plans are currently aspirational as the company has not yet completed a pre-feasibility study for the Sandstone project, and substantial further work is needed before production targets can be published.
The most recent analyst rating on (AU:BTR) stock is a Buy with a A$1.50 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 gold production in Western Australia. It aims to expand its operations through projects like the Sandstone gold project, with a market focus on increasing gold output from its Laverton and Menzies hubs.
Average Trading Volume: 1,989,843
Technical Sentiment Signal: Sell
Current Market Cap: A$248.7M
See more insights into BTR stock on TipRanks’ Stock Analysis page.