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Pinnacle Minerals Limited ( (AU:PIM) ) has issued an announcement.
Pinnacle Minerals has mutually agreed with counterparties to terminate its agreements to acquire eight US critical minerals, gold and silver projects, including the Idaho Antimony assets, ending both a binding acquisition heads of agreement and an option heads of agreement without any further obligations. The company stressed that the decision was amicable and does not reflect negatively on the quality or potential of the Idaho Antimony assets, and with cash of $2.8 million at the end of December 2025, it intends to continue pursuing value-accretive mineral opportunities in line with its strategic focus, signalling a reallocation of capital rather than a retreat from the critical minerals space.
The most recent analyst rating on (AU:PIM) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Pinnacle Minerals Limited stock, see the AU:PIM Stock Forecast page.
More about Pinnacle Minerals Limited
Pinnacle Minerals Limited (ASX: PIM) is an Australian mineral exploration and development company focused on value-accretive opportunities in critical minerals and related commodities. The company targets strategically relevant mineral assets and maintains a disciplined approach to capital allocation, supported by a solid cash position to pursue projects aligned with its strategic objectives.
Average Trading Volume: 439,551
Technical Sentiment Signal: Sell
For detailed information about PIM stock, go to TipRanks’ Stock Analysis page.