tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Dreadnought Resources Reports High-Grade Gold Intercepts at Mangaroon

Story Highlights
Dreadnought Resources Reports High-Grade Gold Intercepts at Mangaroon

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1