tiprankstipranks
Company Announcements

Nagambie Resources Updates Antimony Resource Valuation

Nagambie Resources Updates Antimony Resource Valuation

Nagambie Resources Limited (AU:NAG) has released an update.

Nagambie Resources Limited is updating its 17,800 tonnes of in-ground Antimony resource, factoring in higher metal prices and a reduced cut-off grade. This strategic move could potentially enhance the company’s valuation on the Australian Securities Exchange, where it is listed under the code NAG. Investors might find this update promising as it could indicate future growth and profitability for the company.

For further insights into AU:NAG stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App