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Hillgrove Resources Limited ( (AU:HGO) ) has shared an update.
Hillgrove Resources Limited reported a strong operational performance for the quarter ending June 2025, despite a minor setback in copper production due to access delays to higher-grade ore. The company made significant progress on the Nugent acceleration project, which aims to increase throughput and reduce costs. Hillgrove successfully completed a capital raising to support its growth initiatives and achieved a milestone by processing the first ore from Nugent ahead of schedule. The company is poised for increased production and long-term value creation, with plans to enhance operational flexibility and mill throughput in the coming year.
The most recent analyst rating on (AU:HGO) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Hillgrove Resources Limited stock, see the AU:HGO Stock Forecast page.
More about Hillgrove Resources Limited
Hillgrove Resources Limited operates in the mining industry, focusing primarily on copper production. The company is strategically positioned with its Kanmantoo Copper Mine located in the Adelaide Hills region of South Australia, which offers significant advantages in operating and capital costs.
Average Trading Volume: 4,690,360
Technical Sentiment Signal: Sell
Current Market Cap: A$96.6M
Find detailed analytics on HGO stock on TipRanks’ Stock Analysis page.