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Develop Global Limited ( (AU:DVP) ) just unveiled an update.
Develop Global Limited has reported significant progress in the June 2025 quarter, marked by the first sales from its Woodlawn Copper-Zinc Mine and the commencement of earthworks at the Sulphur Springs project. The company raised A$180 million to accelerate its growth strategy, which includes advancing underground development and increasing production capacity. This strategic move aims to de-risk project construction and enhance funding options, positioning Develop Global for rapid growth and increased stakeholder value. The company’s focus on extending mine life and exploring partnership opportunities reflects its commitment to capitalizing on the strong demand for copper and zinc.
The most recent analyst rating on (AU:DVP) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Develop Global Limited stock, see the AU:DVP Stock Forecast page.
More about Develop Global Limited
Develop Global Limited operates in the mining industry, focusing on copper and zinc production. The company is engaged in the development of the Woodlawn Copper-Zinc Mine in New South Wales and the Sulphur Springs Zinc-Copper Project in Western Australia. Develop Global is committed to leveraging its high-grade resources and strategic partnerships to drive growth and value creation.
YTD Price Performance: 95.73%
Average Trading Volume: 1,397,077
Technical Sentiment Signal: Buy
Current Market Cap: A$1.49B
For a thorough assessment of DVP stock, go to TipRanks’ Stock Analysis page.