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Diatreme Resources Limited ( (AU:DRX) ) has shared an announcement.
Diatreme Resources has strengthened its financial position in the December 2025 quarter through the sale of its Clermont Copper/Gold Project to newly listed Moonlight Resources, in which it now holds a 16.76% stake. The transaction delivered $3.25 million in Moonlight shares and $250,000 in cash, while the company also received an R&D tax incentive refund of $226,894 related to its Cyclone Zircon Project and plans further claims for 2025 expenditure. Diatreme reported total cash and liquid assets of $7.7 million at 31 December 2025, including $5.4 million held within its silica project joint venture, providing additional funding runway as it advances its mineral sands and silica initiatives and continues investor engagement, including a CEO presentation at the Noosa Mining Investor Conference.
The most recent analyst rating on (AU:DRX) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Diatreme Resources Limited stock, see the AU:DRX Stock Forecast page.
More about Diatreme Resources Limited
Diatreme Resources Limited is an Australian-listed mineral exploration and development company focused on mineral sands and silica projects, including the Cyclone Zircon Project. The company targets industrial minerals used in ceramics, foundry, and high-purity silica markets, with a strategy that combines project development with selective asset transactions and joint ventures to build a diversified portfolio.
Average Trading Volume: 932,694
Technical Sentiment Signal: Sell
Current Market Cap: A$90.15M
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.