tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cobra Resources Secures Key Tenements to Accelerate Drilling at Boland Rare Earth Project

Story Highlights
  • Cobra has secured new exploration licences, expanding Boland’s footprint and enabling accelerated drilling of high-priority REE targets.
  • Fast-tracked drilling, studies and metallurgical work aim to deliver a resource, scoping study and ISR pilot, strengthening Cobra’s rare earths position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cobra Resources Secures Key Tenements to Accelerate Drilling at Boland Rare Earth Project

Claim 50% Off TipRanks Premium

An update from Cobra Resources Plc ( (GB:COBR) ) is now available.

Cobra Resources has completed the formal assignment of three exploration licences from Tri-Star Group, significantly expanding the land position and resource growth potential of its Boland ionic rare earth project in South Australia and enabling it to accelerate drilling of high-priority REE targets amenable to in situ recovery. With regulatory, environmental and community processes being fast-tracked, the company plans a staged drilling campaign across Boland, Head and Stokes ahead of the cropping season, feeding into a mid-2026 resource estimate and economic scoping study, while ongoing metallurgical work to finalise a mixed rare earth carbonate product is intended to support offtake discussions and advance plans for an infield pilot ISR recovery trial by late 2026, positioning Cobra to solidify its competitive footing in the emerging low-cost rare earths sector.

The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.

Spark’s Take on GB:COBR Stock

According to Spark, TipRanks’ AI Analyst, GB:COBR is a Neutral.

The score is held back primarily by weak financial performance (no revenue, ongoing losses, and sustained cash burn), partially mitigated by a debt-free balance sheet. Technicals are a key positive with price above major moving averages and healthy momentum. Valuation remains unattractive/unclear due to negative earnings and no dividend yield data.

To see Spark’s full report on GB:COBR stock, click here.

More about Cobra Resources Plc

Cobra Resources is a South Australian critical minerals developer focused on advancing pre-production assets, notably the Boland ionic rare earth discovery at its Wudinna Project in the Gawler Craton, which is currently Australia’s only rare earth project considered suitable for in situ recovery (ISR) mining, a low-cost, low-disturbance extraction method aimed at achieving bottom-quartile recovery costs. The company has broadened its portfolio with the Manna Hill Copper Project, targeting large-scale copper discoveries, and has monetised its Wudinna gold assets through a sale to Barton Gold for up to A$15 million in cash and shares, underscoring its strategic shift towards critical minerals.

Average Trading Volume: 1,343,096

Technical Sentiment Signal: Buy

Current Market Cap: £39.78M

Find detailed analytics on COBR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1