Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Krakatoa Resources Ltd. ( (AU:KTA) ) has issued an announcement.
Krakatoa Resources Limited has reported significant progress in its Zopkhito Antimony-Gold Project in Georgia, identifying potential extensions of the mineral resource and planning further exploration and economic assessments. Additionally, the company has received a grant from the Western Australian Government to support drilling at the Mt Clere Project, with drilling expected to commence mid-2025. These developments highlight Krakatoa’s strategic efforts to enhance its resource base and strengthen its position in the mining sector.
More about Krakatoa Resources Ltd.
Krakatoa Resources Limited is a company operating in the mining industry, primarily focusing on the exploration and development of mineral resources. The company is engaged in projects involving antimony and gold, with a significant focus on the Zopkhito Antimony-Gold Project in Georgia. Krakatoa is also involved in exploration activities in Western Australia, supported by government incentives.
Average Trading Volume: 1,267,649
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$6.2M
Find detailed analytics on KTA stock on TipRanks’ Stock Analysis page.