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The latest announcement is out from Minerals 260 Limited ( (AU:MI6) ).
Minerals 260 Limited has reported promising results from its ongoing drilling program at the Bullabulling Gold Project, revealing high-grade gold intersections, particularly at the Bacchus Deposit. The drilling results indicate potential for expanding the Mineral Resource Estimate (MRE) and improving the understanding of structural controls in high-grade areas, which could enhance the company’s market position and stakeholder confidence.
The most recent analyst rating on (AU:MI6) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Minerals 260 Limited stock, see the AU:MI6 Stock Forecast page.
More about Minerals 260 Limited
Minerals 260 Limited is a company operating in the mining industry, focusing on gold exploration and extraction. The company is actively involved in the Bullabulling Gold Project located in Western Australia, which is a significant gold mining endeavor with a focus on expanding and confirming gold resources.
Average Trading Volume: 9,186,152
Technical Sentiment Signal: Buy
Current Market Cap: A$774.2M
See more insights into MI6 stock on TipRanks’ Stock Analysis page.