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Ora Banda Mining ( (AU:OBM) ) has issued an update.
Ora Banda Mining has announced significant progress in its drilling operations at the Sand King project within the northern corridor, uncovering extensive mineralisation outside the current life-of-mine plan. With promising high-grade findings from surface and underground drilling, this development signals potential for robust growth in resource inventory and mine life extensions, reinforcing the project’s significance for the company’s long-term objectives.
The most recent analyst rating on (AU:OBM) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.
More about Ora Banda Mining
Ora Banda Mining Ltd is an Australian gold mining and exploration company primarily focused on discovering and developing highly prospective gold deposits. With a particular emphasis on its flagship Davyhurst Gold Project in Western Australia, the company seeks to expand resource potential and enhance production capabilities in the region.
Average Trading Volume: 10,649,380
Technical Sentiment Signal: Buy
Current Market Cap: A$2.48B
For detailed information about OBM stock, go to TipRanks’ Stock Analysis page.