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PepinNini Minerals Limited ( (AU:PNN) ) just unveiled an update.
Power Minerals has engaged SRK Consulting to prepare a maiden Mineral Resource Estimate for the Santa Anna Carbonatite Complex at its Santa Anna Niobium-REE Project in Brazil, based on 272 drillholes completed by both Power and previous owner EDEM, incorporating 8,480 multi-element assays and drone-derived elevation data. The estimate, targeting niobium and rare earth elements and expected this quarter, marks a key de-risking milestone that could crystallise the project’s value after its recent acquisition, while a planned major reverse circulation drilling campaign—whose results will feed later resource upgrades—signals an acceleration of work aimed at strengthening the project’s scale and Power Minerals’ position in the critical minerals sector.
The most recent analyst rating on (AU:PNN) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on PepinNini Minerals Limited stock, see the AU:PNN Stock Forecast page.
More about PepinNini Minerals Limited
Power Minerals Limited is an Australian-listed exploration and development company focused on critical minerals, including rare earth elements (REEs) and niobium. Through its Santa Anna Niobium-REE Project in Brazil, the company is targeting commodities that are strategically important for high-tech, green energy and industrial applications, positioning itself within the global supply chain for energy transition and advanced manufacturing materials.
YTD Price Performance: 54.76%
Average Trading Volume: 2,859,893
Technical Sentiment Signal: Buy
Current Market Cap: A$35.75M
See more insights into PNN stock on TipRanks’ Stock Analysis page.