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PhosCo Ltd ( (AU:PHO) ) has provided an update.
PhosCo Ltd has issued an investor update outlining its progress in advancing the Gasaat Phosphate Project and reaffirming previously released exploration data and scoping study results for its Chaketma project. The company emphasizes that the underlying assumptions and technical parameters supporting the scoping study’s strong economic outcomes remain unchanged, and that no new material information has emerged to alter prior resource statements, signalling continuity and stability in its development plans for stakeholders.
The most recent analyst rating on (AU:PHO) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on PhosCo Ltd stock, see the AU:PHO Stock Forecast page.
More about PhosCo Ltd
PhosCo Ltd is a phosphate-focused mining and exploration company developing sustainable phosphate projects, with a key asset base that includes the Gasaat Phosphate Project and the Chaketma project. The company operates within the resources sector, targeting fertilizer and agricultural markets that rely on phosphate as a critical input, and positions itself around sustainable extraction and production practices.
Average Trading Volume: 364,586
Technical Sentiment Signal: Buy
Current Market Cap: A$72.44M
Find detailed analytics on PHO stock on TipRanks’ Stock Analysis page.