Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Chalice Mining ( (AU:CHN) ) has shared an update.
Chalice Mining has reported promising early-stage results from its gold-copper exploration activities in the West Yilgarn Province, Western Australia. The company has identified new large-scale gold targets at the Kings Project and intersected prospective greenstone geology at the Barrabarra Project, indicating fertile belts for orogenic gold or hydrothermal gold-copper systems. These findings support Chalice’s systematic exploration strategy and highlight the potential for new greenfield discoveries in this under-explored region.
The most recent analyst rating on (AU:CHN) stock is a Buy with a A$2.40 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 Limited is a company operating in the mining industry, focusing on the exploration and development of large-scale gold-copper mineral deposits. The company is actively exploring its extensive license holdings in the West Yilgarn Province of Western Australia, aiming to discover significant mineral deposits similar to those found at Boddington and Deflector.
YTD Price Performance: 11.31%
Average Trading Volume: 3,563,315
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$478.5M
For a thorough assessment of CHN stock, go to TipRanks’ Stock Analysis page.