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The latest update is out from Everest Metals Corporation Limited ( (AU:EMC) ).
Everest Metals Corporation Ltd has announced promising interim results from its Phase 2 drilling program at the Mt Edon Critical Mineral Project, confirming high-grade rubidium mineralization with a peak assay of 0.79% Rb₂O. The company is advancing towards a resource upgrade, with significant metallurgical and recovery test work underway, and aims to submit a mining proposal by late Q1 2026. These developments position Everest Metals as a potential leader in rubidium production in Australia, with implications for stakeholders as the project progresses towards becoming the country’s first rubidium-producing operation.
The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Everest Metals Corporation Limited stock, see the AU:EMC Stock Forecast page.
More about Everest Metals Corporation Limited
Everest Metals Corporation Ltd is a company operating in the mining industry, focusing on critical minerals. Its primary product is rubidium, and it is actively working on the Mt Edon Critical Mineral Project in Western Australia to become Australia’s first producer of rubidium.
Average Trading Volume: 332,096
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$29.52M
For detailed information about EMC stock, go to TipRanks’ Stock Analysis page.