Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Lefroy Exploration Ltd. ( (AU:LEX) ) just unveiled an update.
Lefroy Exploration Ltd. has reported promising results from its grade control drilling at the Lucky Strike Gold Deposit, with significant gold intersections that confirm the company’s resource grade estimates. The completion of a diamond drill program and ongoing hydrogeological studies, funded by BML Ventures, highlight the project’s potential for expansion as Lefroy moves towards mining operations.
More about Lefroy Exploration Ltd.
Lefroy Exploration Limited, trading under the ASX symbol LEX, operates in the mining industry with a focus on gold exploration. The company is engaged in developing the Lucky Strike Gold Deposit, which has a mineral resource estimate of 1.27 million tonnes at 1.95 grams per tonne of gold, totaling 79,600 ounces.
Average Trading Volume: 373,000
Technical Sentiment Signal: Sell
Current Market Cap: A$24.84M
See more data about LEX stock on TipRanks’ Stock Analysis page.