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The latest announcement is out from Castle Minerals Limited ( (AU:CDT) ).
Castle Minerals has regained and retained 100% ownership of its Polelle and Wanganui gold projects in Western Australia after allowing Great Boulder Resources’ option to lapse, citing limited work completed under the option and a more buoyant regional and gold price backdrop. The company has launched a strategic review to determine how best to unlock value from these highly prospective tenements, which lie close to multiple operating mines and host historical high-grade drill intercepts at Wanganui, while also flagging imminent exploration results from its soil sampling programs in Ghana and Côte d’Ivoire that could further influence its portfolio strategy.
The most recent analyst rating on (AU:CDT) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Castle Minerals Limited stock, see the AU:CDT Stock Forecast page.
More about Castle Minerals Limited
Castle Minerals Limited is an Australian-listed gold exploration company focused on advancing projects in the prolific Meekatharra goldfields of Western Australia and in West Africa, including Ghana and Côte d’Ivoire. Its portfolio includes the Polelle and Wanganui gold projects in WA, which are strategically located near operating mines and established infrastructure, positioning the company to benefit from regional consolidation and a strong gold price environment.
Average Trading Volume: 501,880
Technical Sentiment Signal: Sell
Current Market Cap: A$10.58M
See more insights into CDT stock on TipRanks’ Stock Analysis page.