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The latest update is out from Native Mineral Resources Holdings Ltd. ( (AU:NMR) ).
Native Mineral Resources Holdings Ltd. has secured 100% ownership of key gold projects in Queensland, including the Far Fanning and Blackjack deposits, through a binding agreement. The company is advancing refurbishment activities to restart production by Q3 2025, appointing key personnel and engaging contractors for site preparation. They have also raised over $4.1 million to fund these developments, demonstrating a strong commitment to enhancing their operational capabilities and market position.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Ltd. operates in the mining industry, focusing on the acquisition and development of mineral resources. The company is primarily engaged in gold mining and exploration projects, with a significant emphasis on its Charters Towers Gold Project in Queensland, Australia.
YTD Price Performance: 10.0%
Average Trading Volume: 1,089,485
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$21.82M
Learn more about NMR stock on TipRanks’ Stock Analysis page.