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The latest update is out from Chalice Mining ( (AU:CHN) ).
Chalice Mining has announced a redesign of its Gonneville project to adapt to a low commodity price environment, providing a clear development pathway. The company highlights its financial strength with US$51 million in cash and investments, and positions itself as a compelling investment opportunity with a focus on leveraged growth.
The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.70 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.
More about Chalice Mining
Chalice Mining is a prominent critical minerals explorer and developer based in Western Australia, focusing on palladium, nickel, and copper. The company is known for its significant Gonneville project, which is the largest palladium-nickel-copper resource in the Western world.
Average Trading Volume: 2,493,139
Technical Sentiment Signal: Hold
Current Market Cap: A$680.9M
For an in-depth examination of CHN stock, go to TipRanks’ Overview page.