Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Golden Metal Resources Plc ( (GB:GMET) ).
Guardian Metal Resources Plc has received a $6.2 million award from the U.S. Department of Defense to advance its Pilot Mountain tungsten project in Nevada. This funding will facilitate the pre-feasibility study and other environmental studies, positioning the company to become a key domestic producer of tungsten, thereby supporting U.S. onshoring efforts of critical metals.
More about Golden Metal Resources Plc
Guardian Metal Resources Plc operates in the critical minerals industry, focusing on the development and production of tungsten through its subsidiary, Golden Metal Resources (USA) LLC. The company is primarily involved in the Pilot Mountain tungsten project in Nevada, aiming to support U.S. national security and economic objectives by establishing a domestic source of mined tungsten.
Average Trading Volume: 284,963
Technical Sentiment Signal: Buy
Learn more about GMET stock on TipRanks’ Stock Analysis page.