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Cobra Resources Plc ( (GB:COBR) ) has issued an update.
Cobra Resources has reported its half-year financial results for 2025, highlighting significant progress in its mineral exploration projects. The company has made strides in its Boland Project, confirming increased rare earth mineralization and achieving high-grade mixed rare earth carbonate production. Additionally, Cobra expanded its landholding and secured an option to acquire the Manna Hill Copper Project, which holds potential for large-scale copper discoveries. The sale of its Wudinna Gold Assets has provided financial flexibility, allowing the company to focus on advancing its rare earth and copper projects, potentially positioning itself as a cost-competitive player in the market.
More about Cobra Resources Plc
Cobra Resources is a South Australian critical minerals developer focused on advancing assets at all stages of the pre-production pathway. The company is engaged in the exploration and development of ionic rare earth elements and copper-gold projects, with a notable discovery at the Boland Project in the Gawler Craton, suitable for in situ recovery mining. Cobra has also expanded its portfolio with the Manna Hill Copper Project, aiming to deliver large-scale copper discoveries.
Average Trading Volume: 3,759,356
Technical Sentiment Signal: Buy
Current Market Cap: £37.43M
See more insights into COBR stock on TipRanks’ Stock Analysis page.