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The latest update is out from Oceana Lithium Ltd. ( (AU:OCN) ).
Oceana Metals has completed a trenching and mapping program at its Solonópole lithium project in Brazil, collecting 88 pegmatite-bearing samples and submitting 50 priority samples for laboratory assays expected in the first quarter of 2026. The work, which follows soil sampling, geophysics, geological mapping and RC drilling, is aimed at confirming fertile LCT pegmatites and will feed into decisions on the project’s future alongside an improving lithium price outlook, while in Australia the company is technically reassessing its Bangemall and Napperby tenements and conducting due diligence on additional advanced precious metals and critical minerals projects to strengthen its exploration pipeline.
The most recent analyst rating on (AU:OCN) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Oceana Lithium Ltd. stock, see the AU:OCN Stock Forecast page.
More about Oceana Lithium Ltd.
Oceana Metals Limited (ASX: OCN) is an exploration-focused resources company targeting lithium, precious metals and critical minerals. Its portfolio includes the Solonópole lithium project in Brazil’s Ceará state and early-stage base and precious metal projects in Western Australia (Bangemall) and the Northern Territory, with a strategy centred on securing and advancing mineral assets in prospective but underexplored districts.
Average Trading Volume: 247,495
Technical Sentiment Signal: Buy
Current Market Cap: A$51.61M
See more data about OCN stock on TipRanks’ Stock Analysis page.