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An update from Firetail Resources Limited ( (AU:M79) ) is now available.
Mammoth Minerals Limited has successfully raised A$7.5 million through a placement to accelerate exploration programs at its Excelsior and Bella Gold Projects in Nevada, USA. This capital will support extensive drilling and geophysical surveys to expand and define high-grade gold targets, enhancing the company’s position as a dedicated gold explorer in the USA. The funding will also facilitate infrastructure development and further geological analysis, potentially increasing the scale and value of these projects.
The most recent analyst rating on (AU:M79) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Firetail Resources Limited stock, see the AU:M79 Stock Forecast page.
More about Firetail Resources Limited
Mammoth Minerals Limited is a company focused on gold exploration and development in the USA. It operates primarily in the high-grade gold sector, with significant projects such as the Excelsior and Bella Gold Projects located in Nevada.
Average Trading Volume: 820,761
Technical Sentiment Signal: Buy
Current Market Cap: A$61.82M
See more insights into M79 stock on TipRanks’ Stock Analysis page.