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An announcement from MMG ( (HK:1208) ) is now available.
MMG Limited has announced positive exploration results from its Izok Corridor Project in Nunavut, Canada, following regional exploration during the 2024 and 2025 summer field seasons. The exploration, which included geophysical surveys and drilling, confirmed outcropping mineralization at multiple targets and extended known mineralization at High Lake and High Lake East. The company plans to update its Mineral Resource Estimate for High Lake and define a maiden estimate for High Lake East, with further exploration planned for 2026. These developments are expected to enhance MMG’s resource base and strengthen its position in the mining industry.
The most recent analyst rating on (HK:1208) stock is a Buy with a HK$9.10 price target. To see the full list of analyst forecasts on MMG stock, see the HK:1208 Stock Forecast page.
More about MMG
MMG Limited is a mining company incorporated in Hong Kong, focusing on the exploration and development of mineral resources. The company is involved in the extraction of high-grade copper and zinc-rich polymetallic Volcanogenic Massive Sulphide (VMS) deposits, particularly in the Izok Corridor Project located in the greenstone belts of the Slave Craton in Canada’s Northern Arctic.
Average Trading Volume: 66,583,127
Technical Sentiment Signal: Buy
Current Market Cap: HK$82.31B
For an in-depth examination of 1208 stock, go to TipRanks’ Overview page.