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An announcement from FireFly Metals ( (AU:FFM) ) is now available.
FireFly Metals has announced exceptional high-grade copper and gold results from its Green Bay Copper-Gold Project, indicating a significant update to its Mineral Resource Estimate is imminent. The company’s aggressive drilling strategy, involving eight diamond rigs, is expected to enhance the Measured and Indicated Resource category, supporting future economic studies. The ongoing exploration and drilling efforts aim to expand known mineralization and discover new resources, with a focus on driving resource growth and unlocking value for stakeholders.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$1.60 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 Ltd is a company operating in the mining industry, focusing on the exploration and development of copper and gold resources. The company is actively engaged in the Green Bay Copper-Gold Project in Canada and has shown rapid growth since acquiring the project in 2023. FireFly Metals has been admitted to the ASX 300 index and maintains a strong financial position with significant cash reserves to support its exploration activities.
Average Trading Volume: 2,707,914
Technical Sentiment Signal: Buy
Current Market Cap: A$884M
Find detailed analytics on FFM stock on TipRanks’ Stock Analysis page.