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The latest announcement is out from FireFly Metals ( (AU:FFM) ).
FireFly Metals has announced significant resource growth in 2024, increasing to 24.4 million tonnes for 460,000 tonnes of measured and indicated resources and 34.6 million tonnes at 690,000 tonnes inferred. This growth positions the company to build a world-class scale operation, leveraging its existing infrastructure and benefitting from its location in Canada, a tier one mining jurisdiction.
More about FireFly Metals
FireFly Metals operates in the mining industry, focusing on copper and gold extraction. The company is led by experienced executives from Bellevue Gold and Northern Star, and it benefits from exceptional infrastructure that includes an operational underground, shaft, processing plant, deep water port, and hydro power. Canada serves as a tier one mining jurisdiction for its operations.
YTD Price Performance: 1.40%
Average Trading Volume: 26,572
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $336.2M
For an in-depth examination of FFM stock, go to TipRanks’ Stock Analysis page.
