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Perpetual Resources ( (AU:PEC) ) has shared an update.
Perpetual Resources has reported a series of high-grade lithium rock chip assays from its Renaldinho Project in Brazil, including results up to 7.08% Li2O, alongside additional strong lithium values from the nearby Morro Grande target within the Igrejinha tenement. The latest assays confirm a fertile LCT pegmatite system at Renaldinho, with elevated caesium, tantalum and tin supporting the geological model and signalling significant exploration upside along strike and at depth; these results underpin plans for a diamond drilling program across multiple Brazilian targets in 2026, reinforcing Renaldinho as a priority target and potentially enhancing the company’s position in Brazil’s emerging lithium sector.
The most recent analyst rating on (AU:PEC) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Perpetual Resources stock, see the AU:PEC Stock Forecast page.
More about Perpetual Resources
Perpetual Resources Ltd is an ASX-listed exploration company with a growing portfolio of lithium projects in Brazil’s Lithium Valley, focusing on hard-rock lithium mineralisation hosted in LCT (lithium-caesium-tantalum) pegmatites. The company is targeting high-grade lithium deposits through rock chip sampling, soil programs, and drilling, positioning itself within an underexplored but highly prospective region of Minas Gerais.
YTD Price Performance: 10.0%
Average Trading Volume: 2,228,220
Technical Sentiment Signal: Sell
Current Market Cap: A$10.98M
Learn more about PEC stock on TipRanks’ Stock Analysis page.