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Cyclone Metals Ltd ( (AU:CLE) ) has issued an announcement.
Iron Bear Resources reported a solid December 2025 quarter, bolstered by an additional US$3.4 million in project funding from Vale under its development agreement and A$14.3 million in proceeds from the sale of its stake in European Lithium, lifting its cash balance to A$15.2 million, excluding a further US$5.7 million held under the Vale agreement. The company advanced its flagship Iron Bear iron ore project with ongoing pre-feasibility work led by engineering firm Hatch, completion of two field survey and mapping programs that identified substantial new iron-rich outcrops and potential north of Nash Lake, and an active Canadian government roadshow aimed at strengthening political support amid a more favourable policy environment for strategic resource projects, underpinned by improved project economics and renewable power potential outlined in earlier studies.
The most recent analyst rating on (AU:CLE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Cyclone Metals Ltd stock, see the AU:CLE Stock Forecast page.
More about Cyclone Metals Ltd
Iron Bear Resources Limited is an Australian-listed mineral exploration and development company focused on its 100%-owned Iron Bear Project, a large-scale iron ore resource in the Labrador Trough, Canada. The company also holds a portfolio of exploration assets in New Zealand and Western Australia targeting gold, copper, nickel and platinum group elements, positioning it across both bulk commodities and battery/precious metals markets.
Average Trading Volume: 2,644,104
Technical Sentiment Signal: Sell
Current Market Cap: A$56.4M
See more data about CLE stock on TipRanks’ Stock Analysis page.