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
Mt Malcolm Mines NL ( (AU:M2M) ) has shared an announcement.
Mt Malcolm Mines NL reported significant progress in the quarter ending March 31, 2025, with the successful completion of bulk sampling excavation at the Golden Crown Prospect, yielding exceptional gold recoveries. The company sold 223.3 ounces of gold doré, generating $931,189 in revenue, and identified an exploration target supported by high-grade surface samples. The results bolster the prospect’s status as a near-term production opportunity, with economic grades in gravity tailings suggesting potential for heap leach processing. These developments enhance resource confidence and validate the company’s gravity recovery performance, positioning Mt Malcolm Mines NL favorably within the industry.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL operates in the mining industry, focusing primarily on gold exploration and production. The company is engaged in activities related to the extraction and processing of gold, with a particular focus on the Golden Crown Prospect, which is positioned as a near-term production opportunity.
YTD Price Performance: 25.00%
Average Trading Volume: 972,322
Technical Sentiment Signal: Buy
Current Market Cap: A$6.42M
For a thorough assessment of M2M stock, go to TipRanks’ Stock Analysis page.