Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Polymetals Resources Ltd. ( (AU:POL) ) has shared an announcement.
Polymetals Resources’ December 2025 quarter was dominated by the fatal unintended detonation of a ballistic disc at the Endeavor Mine, which resulted in two employee deaths, injuries, and a temporary shutdown while independent and regulatory investigations and a comprehensive review of explosives-handling procedures were conducted. Operations were progressively restarted from mid-November, and despite workforce disruptions and reduced productivity, the company achieved its first shipments of zinc and silver-lead concentrates, advanced near-mine and regional exploration with expanded drilling capacity, commenced mining of the Upper North Lode, and strengthened its balance sheet through additional working capital facilities and a $34.4 million institutional placement, ending the quarter with significant cash and available finance to support ramp-up and exploration efforts.
The most recent analyst rating on (AU:POL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Polymetals Resources Ltd. stock, see the AU:POL Stock Forecast page.
More about Polymetals Resources Ltd.
Polymetals Resources Ltd is an Australian silver and zinc producer focused on the Endeavor Mine in the North Cobar Basin, supported by near-mine and regional exploration across a 1,100 km² tenement package in New South Wales. The company produces zinc and silver-lead concentrates and is investing in resource growth around existing infrastructure to strengthen its long-term production profile.
Average Trading Volume: 1,287,193
Technical Sentiment Signal: Buy
Current Market Cap: A$383.5M
For a thorough assessment of POL stock, go to TipRanks’ Stock Analysis page.