Polymetals Resources Ltd Advances Endeavor Mine Redevelopment

Polymetals Resources Ltd. ( (AU:POL) ) has provided an announcement.

Polymetals Resources Ltd has announced that the redevelopment of its Endeavor silver zinc mine is progressing on schedule and within budget. The company has commenced the commissioning phase, with the first ore crushed and hoisted, and processing set to begin next week. The operation is expected to generate cash flow starting in June, with plans to process 65,000 tonnes of ore per month in the second half of 2025. This development marks a significant step in the company’s strategy to establish itself as a reliable producer in the mining industry.

The most recent analyst rating on (AU:POL) stock is a Buy with a A$1.30 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 (ASX: POL) is a mining company focused on developing the Endeavor silver zinc mine located in the Cobar Basin, New South Wales, Australia. The company aims to become a long-term, profitable producer of base and precious metals, with a strong exploration portfolio for potential discoveries of copper, gold, silver, and zinc.

Average Trading Volume: 537,757

Technical Sentiment Signal: Buy

Current Market Cap: A$201.7M

Find detailed analytics on POL stock on TipRanks’ Stock Analysis page.