Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Perpetual Resources ( (AU:PEC) ) has shared an announcement.
Perpetual Resources Limited has announced a significant discovery at its Igrejinha Project in Brazil, where maiden drilling has intersected a 200-meter continuous strike of LCT pegmatite, indicating substantial scale potential. The discovery includes spodumene and potentially high-value pollucite, positioning Igrejinha as a notable caesium exploration site globally. With half of the drilling program still underway, the company anticipates further insights into the project’s potential, which could enhance its strategic importance in the global caesium market.
More about Perpetual Resources
Perpetual Resources Limited is a company engaged in the exploration and development of mineral resources, with a focus on lithium and caesium. The company operates in Brazil’s ‘Lithium Valley’, targeting strategic mineral deposits.
YTD Price Performance: -7.69%
Average Trading Volume: 1,264,270
Technical Sentiment Signal: Sell
Current Market Cap: A$10.48M
Learn more about PEC stock on TipRanks’ Stock Analysis page.