Mount Ridley Mines Limited (AU:MRD) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Mount Ridley Mines Limited has completed an extensive rock chip sampling program at its Weld Range West Project, identifying three significant banded iron formation horizons. The company also strengthened its board by appointing experienced corporate finance executive Brett Mitchell as a Non-Executive Director. As of September 2024, Mount Ridley Mines held cash reserves of $1.030 million, alongside shares valued at approximately $620,000.
For further insights into AU:MRD stock, check out TipRanks’ Stock Analysis page.