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FireFly Metals ( (AU:FFM) ) has issued an update.
FireFly Metals Ltd has announced exceptional high-grade assay results from its Green Bay Copper-Gold Project in Canada, highlighting the continuity and quality of the Volcanogenic Massive Sulphide (VMS) mineralization. These results are expected to lead to an upgrade of the Mineral Resource Estimate, with Inferred Resources being elevated to the Measured and Indicated categories. This development is part of FireFly’s broader strategy to expand its Mineral Resource base and enhance its mining studies, supported by a strengthened financial position following a recent equity raising. The company’s extensive drilling program aims to unlock further value from the project, which is strategically positioned in a tier-one location, attracting significant interest from investors and metal traders.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$1.75 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 projects. The company is listed on the ASX and TSX under the ticker FFM and is primarily engaged in advancing its Green Bay Copper-Gold Project in Canada, which is known for its high-grade mineralization and existing infrastructure.
Average Trading Volume: 2,173,635
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$705.8M
For an in-depth examination of FFM stock, go to TipRanks’ Overview page.