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Hawthorn Resources Limited ( (AU:HAW) ) has shared an announcement.
Hawthorn Resources Limited has completed a revised pit optimization study for the Anglo Saxon Gold Project, leveraging increased gold prices to explore development options and enhance project returns. The company has also converted its equity interest in the Mt Bevan Magnetite Project to a royalty agreement, refining project parameters to aid investment decisions, while maintaining a strong cash position of $12.98 million.
More about Hawthorn Resources Limited
Hawthorn Resources Limited is involved in the mining industry, focusing on gold and magnetite projects. The company’s primary operations include the Anglo Saxon Gold Project and the Mt Bevan Magnetite Project, with a market focus on maximizing shareholder value through strategic joint ventures and project optimizations.
YTD Price Performance: 10.0%
Average Trading Volume: 74,909
Technical Sentiment Signal: Buy
Current Market Cap: A$14.74M
See more insights into HAW stock on TipRanks’ Stock Analysis page.