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Polymetals Resources Ltd. ( (AU:POL) ) just unveiled an announcement.
Polymetals Resources Ltd has announced the commencement of commercial production at its Endeavor silver zinc mine, marking a significant milestone for the company. The production of silver-lead and zinc concentrates is underway, with the first shipments of zinc concentrate expected in early July. This development is anticipated to generate initial cash flow in June and represents a successful revitalization of the mine, promising a lengthy operational life that benefits both shareholders and the Cobar region.
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 is a company operating in the mining industry, focusing on the production of silver-lead and zinc concentrates. The company is known for its operations at the Endeavor silver zinc mine in Cobar, NSW, and is committed to delivering value to its shareholders and the local region.
Average Trading Volume: 522,677
Technical Sentiment Signal: Buy
Current Market Cap: A$214.2M
See more insights into POL stock on TipRanks’ Stock Analysis page.