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The latest announcement is out from Dreadnought Resources Limited ( (AU:DRE) ).
Dreadnought Resources Ltd announced significant assay results from its recent RC drilling at the Star of Mangaroon project, revealing shallow, high-grade gold intercepts. These results are expected to positively impact the project’s resource estimates, mine plan, and overall economics, with an upgraded resource and study underway. The company plans further drilling to explore additional potential at depth and to the north, indicating a strategic expansion of their exploration efforts.
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 gold resources. The company is primarily engaged in projects located in the Gascoyne region of Western Australia, with a market focus on high-grade gold deposits.
Average Trading Volume: 6,533,253
Technical Sentiment Signal: Buy
Current Market Cap: A$86.35M
For detailed information about DRE stock, go to TipRanks’ Stock Analysis page.