TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Meeka Gold Limited ( (AU:MEK) ).
Meeka Metals Limited has announced significant drilling results from the northeastern flank of Turnberry at the Murchison Gold Project, revealing high-grade gold zones that are likely to expand resources and extend both open pit and underground mining operations. These findings, which include notable gold intersections, suggest potential growth in the company’s resource and reserve base, enhancing its operational performance and positioning in the gold mining sector. The ongoing drilling and positive operational performance indicate a promising outlook for stakeholders, with further updates expected in the upcoming quarterly report.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
More about Meeka Gold Limited
Meeka Metals Limited is a company operating in the mining industry, focusing on gold exploration and production. Their primary projects are located in the Murchison region, with a market focus on expanding gold resources and reserves.
Average Trading Volume: 17,150,360
Technical Sentiment Signal: Buy
Current Market Cap: A$614.1M
For an in-depth examination of MEK stock, go to TipRanks’ Overview page.