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GreenX Metals ( (AU:GRX) ) has provided an announcement.
GreenX Metals Limited has confirmed the presence of outcropping gold and high-grade antimony mineralization at the Noa Prospect within its Eleonore North Project in East Greenland. The company has identified significant tungsten and antimony mineralization at the Margeries Prospects and sees potential for large-scale deposits in the underexplored region. With plans to finalize its exploration program for 2026, GreenX aims to capitalize on the high demand for critical minerals and gold, thereby strengthening its position in the industry and offering significant opportunities for stakeholders.
The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.
More about GreenX Metals
GreenX Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets gold, tungsten, and antimony, which are critical minerals for the European Union and the U.S. GreenX is committed to exploring underexplored regions, particularly in Greenland, to provide shareholders with exposure to highly sought-after minerals.
YTD Price Performance: 22.06%
Average Trading Volume: 48,629
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$238.3M
For an in-depth examination of GRX stock, go to TipRanks’ Overview page.