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FireFly Metals ( (AU:FFM) ) just unveiled an update.
FireFly Metals has announced a significant update to its mineral resources at the Green Bay project, increasing its copper and gold reserves by 51% to 1.4 million tonnes of copper and 1.1 million ounces of gold. The project remains open for further exploration, with eight drill rigs currently in operation, reinforcing the company’s dominant position in the copper and gold mining sector. This expansion is supported by robust infrastructure and environmental permits, with mining studies scheduled for 2026. The company’s Pickle Crow Gold project also presents a promising opportunity for shareholder value creation.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 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 is a company operating in the mining industry, focusing on the extraction and production of copper and gold. The company is involved in significant mineral resource projects, including the Green Bay and Pickle Crow projects, which are positioned in major copper and gold mineral districts. FireFly Metals benefits from exceptional infrastructure, including operational underground workings, a processing plant, and access to a deep-water port.
Average Trading Volume: 3,780,052
Technical Sentiment Signal: Buy
Current Market Cap: A$1.22B
Learn more about FFM stock on TipRanks’ Stock Analysis page.