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An update from Legend Mining Limited ( (AU:LEG) ) is now available.
Legend Mining significantly expanded its Pinnacle Well Project during the December 2025 quarter by acquiring 100% interests in tenements E37/1235 and E37/1417 and securing a right of first refusal over seven adjacent Linger and Die Group tenements, consolidating its ground position in the Leonora goldfields. New soil sampling results, combined with historical data, defined two high-priority gold soil anomalies (Au5 and Au6), prompting the start of low-impact geophysical surveys expected to generate drill targets in the March 2026 quarter, while at Rockford the company and its joint venture partner surrendered two tenements and ended the Ponton JVA 2019 as part of a rationalisation process. The company also reported ongoing assessment of new project opportunities and closed the quarter with a cash balance of $10.4m, underlining its capacity to advance exploration and pursue additional assets.
The most recent analyst rating on (AU:LEG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Legend Mining Limited stock, see the AU:LEG Stock Forecast page.
More about Legend Mining Limited
Legend Mining Limited is an Australian exploration company focused on discovering gold and base metal deposits, primarily operating in Western Australia. Its key assets include the Pinnacle Well Project in the Leonora district, prospective for intrusive-related and structurally controlled gold as well as VMS-style zinc-copper-lead-silver mineralisation, and the Rockford Project in the Fraser Range targeting nickel-copper, copper-zinc-silver, and gold. The company positions itself in established mining regions that host major deposits such as Gwalia, King of the Hills, and Bentley/Jaguar, and maintains a strong cash position to fund ongoing exploration and project evaluation.
Average Trading Volume: 1,118,528
Technical Sentiment Signal: Sell
Current Market Cap: A$29.14M
For detailed information about LEG stock, go to TipRanks’ Stock Analysis page.