Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Auroch Minerals Ltd. ( (AU:OR3) ) has issued an update.
Ore Resources Ltd has commenced a large-scale Phase 4 drilling program totaling about 30,000 metres at its Coolgardie Gold Projects in Western Australia, aiming to expand its existing gold footprint and delineate new resources, underpinned by a strong financial position with A$10.7 million in cash and no debt. The program will run through 2026 and begins with 3,000–5,000 metres of Reverse Circulation drilling at the Miriam Gold Project’s Forrest prospect to test extensions of previously intersected high‑grade oxide and fresh rock lodes, followed by diamond and first‑pass aircore drilling over a suite of regional targets; management expects these activities to significantly advance gold prospectivity across the project and enhance discovery potential for stakeholders.
The most recent analyst rating on (AU:OR3) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Auroch Minerals Ltd. stock, see the AU:OR3 Stock Forecast page.
More about Auroch Minerals Ltd.
Ore Resources Ltd is an Australian gold exploration company focused on advancing its Coolgardie Gold Projects in the Eastern Goldfields of Western Australia, with a portfolio of prospects including the Miriam Gold Project and multiple regional targets across its broader Coolgardie tenure.
YTD Price Performance: 12.07%
Average Trading Volume: 2,220,866
Technical Sentiment Signal: Buy
Current Market Cap: A$51.93M
See more data about OR3 stock on TipRanks’ Stock Analysis page.