Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
An update from Koonenberry Gold Limited ( (AU:KNB) ) is now available.
Koonenberry Gold Limited has announced a significant expansion of the Sunnyside gold system at its Enmore Gold Project in northeast New South Wales. The company has completed over 3,000 meters of drilling, revealing visible gold in several drill holes and indicating a strike length of more than 230 meters along the Sunnyside Shear Zone. The mineralization remains open in multiple directions, and further drilling is planned to explore the system’s potential extents. With a strong cash position of $5.35 million, Koonenberry Gold is well-funded to continue its exploration efforts, which could enhance its industry positioning and provide valuable insights for stakeholders.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in exploring gold mineralization opportunities, with a market focus on expanding its gold resources through strategic drilling programs.
Average Trading Volume: 13,450,625
Technical Sentiment Signal: Buy
Current Market Cap: A$80.02M
See more insights into KNB stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue