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Medallion Metals Ltd ( (AU:MM8) ) has provided an update.
Medallion Metals Limited has secured a new secondary ball mill, marking a significant step in its Sulphide Production Strategy. This procurement is crucial for achieving the target production rates at the Cosmic Boy Concentrator and is part of the company’s efforts to streamline its development timeline and minimize the gap between the final investment decision and the start of production.
The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.49 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.
More about Medallion Metals Ltd
Medallion Metals Limited is a company operating in the mining industry, focusing on the extraction and processing of gold, silver, and copper. The company is engaged in the development of the Ravensthorpe Gold Project and aims to enhance its processing capabilities at the Cosmic Boy Concentrator.
Average Trading Volume: 848,995
Technical Sentiment Signal: Buy
Current Market Cap: A$281.4M
Find detailed analytics on MM8 stock on TipRanks’ Stock Analysis page.