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The latest announcement is out from Dreadnought Resources Limited ( (AU:DRE) ).
Dreadnought Resources Limited, a mineral exploration company, has announced its participation in the Noosa Mining Conference, highlighting its strong financial position with approximately $10 million in cash to support its self-funding strategy and discovery efforts. The company emphasizes its commitment to exploration, having invested over 85% of funds raised into exploration activities, and boasts a management team with significant industry experience and a substantial personal investment in the company.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
More about Dreadnought Resources Limited
Dreadnought Resources Limited is a mineral exploration company with a focus on multicommodity optionality and a proven track record of discovery. The company is involved in exploring a wide range of commodities, including gold, copper, silver, and rare earth elements, with operations primarily in Australia, Brazil, and Southeast Asia.
Average Trading Volume: 5,154,711
Technical Sentiment Signal: Sell
Current Market Cap: A$55.87M
See more data about DRE stock on TipRanks’ Stock Analysis page.