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
Podium Minerals Ltd. ( (AU:POD) ) has shared an announcement.
Podium Minerals has reported a maiden JORC-compliant Mineral Resource Estimate for its Range Well Nickel Project in Western Australia, following its acquisition of EV Nickel’s assets in early 2025. The Range Well laterite deposit, which borders Podium’s Parks Reef PGM project, is now estimated to contain 363 million tonnes at 0.7% nickel for 2.63 million tonnes of contained nickel at a 0.5% cut-off grade.
The resource, classified as Indicated and Inferred, is based on 53,000 metres of historical reverse circulation drilling and refinements to geological interpretation and block modelling by AMC Consultants. Podium highlights that the close proximity of Range Well to Parks Reef could enable future development synergies through shared infrastructure and flexible operational sequencing, potentially enhancing project economics and consolidating its position in the region’s critical metals sector.
The most recent analyst rating on (AU:POD) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Podium Minerals Ltd. stock, see the AU:POD Stock Forecast page.
More about Podium Minerals Ltd.
Podium Minerals Ltd. is an ASX-listed resources company focused on exploration and development projects in Western Australia, with a primary emphasis on nickel and platinum group metals. Its portfolio includes the flagship Parks Reef 5E PGM project and the adjacent Range Well Nickel Project, positioning the company within the battery and precious metals supply chains.
YTD Price Performance: -46.67%
Average Trading Volume: 4,558,590
Technical Sentiment Signal: Sell
Current Market Cap: A$47.5M
Find detailed analytics on POD stock on TipRanks’ Stock Analysis page.