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GreenX Metals ( (AU:GRX) ) has provided an announcement.
GreenX Metals Limited has announced significant historical estimates for its Tannenberg Copper Project in Germany, revealing 728,000 tonnes of contained copper at an average grade of 2.6%. The company is actively relogging and resampling archived core to upgrade historical data to modern standards, with plans for future drilling to verify these estimates. Recent aeromagnetic and radiometric surveys have identified deep metal source structures, significantly enhancing the exploration potential of the project area.
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 operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in copper exploration, with a significant project located in Germany.
Average Trading Volume: 38,537
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$245.5M
For an in-depth examination of GRX stock, go to TipRanks’ Overview page.