Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Canterbury Resources Ltd. ( (AU:CBY) ) has provided an update.
Canterbury Resources Limited has completed its 2025 drilling program at the Briggs site in Central Queensland, reporting strong visual copper mineralisation in the final drill hole, 25BRD0038. This development is part of a high-priority infill program supporting a Prefeasibility Study for a potential large-scale copper mine. The recent drilling results align with the company’s geological model and are expected to enhance and expand the existing mineral resource estimate, with further drilling planned for 2026.
The most recent analyst rating on (AU:CBY) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Canterbury Resources Ltd. stock, see the AU:CBY Stock Forecast page.
More about Canterbury Resources Ltd.
Canterbury Resources Limited is a company operating in the mining industry, primarily focusing on the exploration and development of mineral resources. The company’s key product is copper, and it is actively involved in projects in Central Queensland, Australia.
Average Trading Volume: 445,723
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.93M
See more insights into CBY stock on TipRanks’ Stock Analysis page.