Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from CuFe Limited ( (AU:CUF) ) is now available.
CuFe Ltd has sharply increased the confidence in its Orlando copper-gold resource at Tennant Creek, with Indicated tonnes now representing 87% of the total resource, up from 56% after incorporating a new geological model and historical QAQC data. The upgraded estimate, which also recognises bismuth and silver, allows the company to evaluate underground potential at depth and supports more robust development and economic studies.
The company is updating its Scoping Study to include underground ore from Orlando and revenue contributions from bismuth and silver for the first time, with release expected next month. A separate resource update is underway at the nearby Gecko deposit to migrate additional tonnes to the Indicated category, which could further enhance the overall scale and economics of the Tennant Creek Project.
The most recent analyst rating on (AU:CUF) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on CuFe Limited stock, see the AU:CUF Stock Forecast page.
More about CuFe Limited
CuFe Ltd is an Australian resources company focused on copper and gold exploration and development, with a 55% interest in the Tennant Creek Project in the Northern Territory. The project also contains critical minerals bismuth and silver, positioning CuFe to benefit from demand for both traditional base metals and emerging critical mineral markets.
YTD Price Performance: 40.0%
Average Trading Volume: 2,451,766
Technical Sentiment Signal: Buy
Current Market Cap: A$73.08M
See more data about CUF stock on TipRanks’ Stock Analysis page.