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The latest update is out from Dreadnought Resources Limited ( (AU:DRE) ).
Dreadnought Resources Ltd has announced promising assay results from its infill drilling program at the Star of Mangaroon within the Mangaroon Gold Project. The results, which include high-grade gold intercepts, are expected to significantly enhance the project’s resource estimates and economic viability. The company plans to commence further drilling in early September 2025 to explore additional targets and expand the resource base, potentially impacting its market positioning and stakeholder interests positively.
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 Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in gold mining projects, with a significant focus on the Mangaroon Gold Project located in the Gascoyne region of Western Australia.
Average Trading Volume: 5,179,393
Technical Sentiment Signal: Sell
Current Market Cap: A$60.95M
For an in-depth examination of DRE stock, go to TipRanks’ Overview page.