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An update from Iris Metals Limited ( (AU:IR1) ) is now available.
IRIS Metals Limited reported a financial loss for the year ending March 2025, but has made significant strides in its operations, particularly in the development of its South Dakota Lithium Project. The company faced setbacks with the cancellation of the Kookynie Gold Project sale but remains committed to exploring further options for the project. Key appointments, including Kevin Smith and Matt Hartmann, aim to bolster the company’s expertise and strategic positioning in the critical minerals sector. Additionally, the company successfully raised funds to advance its lithium exploration efforts in the Black Hills of South Dakota.
More about Iris Metals Limited
IRIS Metals Limited is a resources and exploration company focused on the exploration and evaluation of mining and exploration tenements, with projects located in South Dakota and Western Australia. The company is involved in the mining industry, particularly in the exploration of critical and battery minerals.
Average Trading Volume: 181,382
Technical Sentiment Signal: Sell
Current Market Cap: A$18.7M
Find detailed analytics on IR1 stock on TipRanks’ Stock Analysis page.