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Nova Minerals ( (AU:NVA) ) has provided an announcement.
Nova Minerals’ December 2025 quarter was defined by the award of US$43.4 million in non-dilutive funding from the U.S. Department of War to fully finance Stage 1 development of a domestic antimony supply chain at its Estelle Project in Alaska, significantly strengthening its balance sheet and advancing its strategy to become a fully integrated U.S. antimony producer. The company has begun procuring critical mining and processing equipment for a starter antimony mine and a proposed refinery at Port Mackenzie, secured industrial-zoned land and progressed permitting at the deep-water port site, with equipment deliveries expected in early 2026 and first antimony production targeted for late 2026 to early 2027, while concurrently advancing drilling, resource growth and pre-feasibility work on its large-scale Estelle gold assets and maintaining a strong funding position with more than A$106 million in available funding and no debt at quarter-end.
The most recent analyst rating on (AU:NVA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Nova Minerals stock, see the AU:NVA Stock Forecast page.
More about Nova Minerals
Nova Minerals is an Australia- and U.S.-listed resources company focused on the Estelle Gold and Critical Minerals Project in Alaska, which hosts one of the world’s largest undeveloped gold systems with over 20 prospects and four defined multi-million-ounce deposits. The company is expanding its portfolio beyond gold into critical minerals, particularly antimony, aiming to become a fully integrated U.S. producer supplying domestic and military-grade markets from its Estelle operations and a proposed refinery at Port Mackenzie.
YTD Price Performance: 62.66%
Average Trading Volume: 2,016,549
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$584.8M
For a thorough assessment of NVA stock, go to TipRanks’ Stock Analysis page.