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FireFly Metals ( (AU:FFM) ) has shared an announcement.
FireFly Metals has announced significant growth prospects through its drilling operations, with eight rigs currently active. The company has already identified substantial resources, including 1 million tonnes of contained copper and 550,000 ounces of gold. The Pickle Crow project is highlighted as a significant value creation opportunity for shareholders, with the company holding a dominant position in a major mineral district. The announcement underscores FireFly’s strategic positioning and potential for rapid expansion, supported by its robust infrastructure and environmentally permitted operations in a top-tier mining jurisdiction.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$1.65 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
More about FireFly Metals
FireFly Metals operates in the mining industry, focusing on the extraction and production of high-grade copper and gold. The company is positioned in a major copper and gold mineral district and benefits from exceptional infrastructure, including an operational underground shaft, processing plant, and deep water port, supported by low-cost hydro power and a skilled workforce.
YTD Price Performance: 30.81%
Average Trading Volume: 1,940,178
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$826M
See more data about FFM stock on TipRanks’ Stock Analysis page.