Group 6 Metals Limited (AU:G6M) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Group 6 Metals Limited reported a record-breaking quarter with production and sales of tungsten concentrate at all-time highs, driven by the transition to high-grade ore at the main Dolphin Tungsten Mine. The company also announced key executive appointments and received a significant cash refund from R&D tax incentives. Amidst these developments, the company has begun a review of the mine life plan, potentially increasing its pre-tax net present value to $247 million.
For further insights into AU:G6M stock, check out TipRanks’ Stock Analysis page.