Meteoric Resources NL (AU:MEI) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Meteoric Resources has bolstered the financial outlook of its Caldeira Rare Earth Ionic Clay Project by incorporating high-grade resources from the Figueira deposit, leading to increased production and reduced costs. The project now boasts a 14% rise in pre-tax NPV and a 40.4% pre-tax IRR, with NdPr production expected to climb by 7% over the life of the mine. With ongoing exploration and a pre-feasibility study on track, the company is poised for significant growth potential.
For further insights into AU:MEI stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue