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Megado Gold Ltd. ( (AU:MEG) ) has shared an update.
Megado Minerals has outlined its December 2025 quarter activities, highlighting progress at its Iberian Copper Project in northern Spain, where it controls 12 permits over 956km² in a historically productive copper belt hosting at least 12 former copper mines and more than 50 copper and silver occurrences. The company expects key Investigation Permits to be awarded in the current quarter, enabling the launch of airborne geophysics across the project area followed by a maiden drilling program aimed at defining high-priority copper and silver targets, while ongoing geological mapping continues to refine multiple potential targets and support the view that the region could host several discrete projects. In parallel, Megado continues to hold 100% of its Cyclone Lithium and Gold Project and K Lithium Project in Quebec’s James Bay District, where proximity to high-grade discoveries and significant investment by third parties underscores the strategic value of its Canadian lithium and gold portfolio for future exploration and potential partnerships.
The most recent analyst rating on (AU:MEG) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Megado Gold Ltd. stock, see the AU:MEG Stock Forecast page.
More about Megado Gold Ltd.
Megado Minerals Limited is an ASX-listed exploration company focused primarily on base and precious metals, with a flagship copper project in northern Spain and additional lithium and gold exploration assets in Canada’s James Bay District. Its portfolio includes the extensive Iberian Copper Project, covering multiple permits in Navarra and Aragón, as well as the Cyclone Lithium and Gold Project and the K Lithium Project in Quebec, targeting lithium, gold and nickel in a highly prospective greenfields region.
Average Trading Volume: 1,177,018
Technical Sentiment Signal: Buy
Current Market Cap: A$24.54M
Find detailed analytics on MEG stock on TipRanks’ Stock Analysis page.