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MetalsTech Ltd ( (AU:MTC) ) has shared an announcement.
MetalsTech has reported strong progress on the Pre-Feasibility Study for its Sturec Gold Mine in Slovakia, with in-adit channel sampling completed and detailed metallurgical test work underway at ALS Metallurgy in Perth to underpin mine planning, recovery parameters and plant design. The substantially advanced PFS, targeted for completion in the first half of 2026, incorporates ore-sorting technologies and dry stack tailings to enhance economic recoveries and reduce environmental footprint, and is viewed by the company as a critical de-risking milestone expected to support future mine development, resource growth potential and attract strategic funding and offtake partners, supported by recent appointments of experienced technical, finance and resource sector specialists to the board.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
More about MetalsTech Ltd
MetalsTech Limited is an ASX-listed gold exploration and development company focused on advancing its 100%-owned Sturec Gold Mine in Slovakia. The flagship Sturec project hosts a JORC (2012) Measured, Indicated and Inferred resource of approximately 2.7 million ounces of gold, positioning the company within the European gold development space with a strategy centred on underground mining and production of high-value gold and silver concentrates.
Average Trading Volume: 180,751
Technical Sentiment Signal: Buy
Current Market Cap: A$59.98M
See more insights into MTC stock on TipRanks’ Stock Analysis page.