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DGR Global Limited ( (AU:DGR) ) has provided an announcement.
DGR Global Limited has reiterated its strategy as a generator and incubator of resource exploration and mining companies, emphasizing its competitive edge in internally originating exploration projects, focusing on large provincial tenement positions, and using advanced exploration and metallurgical techniques in promising jurisdictions. In its latest quarterly activities update, the company noted that it considers Jiangxi Copper Investment’s bid for its 6.8% holding in SolGold Plc to be inadequate given the potential of SolGold’s Ecuadorean copper-gold assets, and highlighted ongoing reviews and appraisal of its copper and gold exploration targets and tenements across entities such as Auburn Resources, Coolgarra Resources, Pinnacle Gold and the historic Shamrock mine site in Queensland, reinforcing DGR’s long-term value proposition through its portfolio of early- to mid-stage resource investments.
The most recent analyst rating on (AU:DGR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on DGR Global Limited stock, see the AU:DGR Stock Forecast page.
More about DGR Global Limited
DGR Global Limited, listed on the ASX, operates as a “resource company creator” that focuses on generating and seeding new resource exploration, development and mining companies rather than simply acquiring projects. Leveraging an in-house team of geologists and consultants, it targets commodities with strong 20‑year demand and price fundamentals, in under-explored but geologically prospective regions with improving regulatory frameworks and extensive available tenements. The company provides initial seed capital and management to develop projects in subsidiary and associated companies, and maintains strategic equity stakes in listed and unlisted vehicles including SolGold Plc, Clara Resources Australia, New Peak Metals, Lakes Blue Energy and Auburn Resources, aiming to crystallise value as these assets mature.
Average Trading Volume: 1,588,629
Technical Sentiment Signal: Buy
Current Market Cap: A$35.49M
See more data about DGR stock on TipRanks’ Stock Analysis page.