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Prospect Resources Ltd. ( (AU:PSC) ) just unveiled an update.
Prospect Resources Limited has announced the identification of a new high-grade copper zone at the Mumbezhi Copper Project, with promising drill results from the Nyungu Central deposit. The Phase 2 drilling program has confirmed significant potential for expanding the copper system, with new near-surface targets identified. The company is preparing to update its Mineral Resource estimates in early 2026, which could enhance its market positioning and provide substantial value for stakeholders.
The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
More about Prospect Resources Ltd.
Prospect Resources Limited is a company focused on the mining industry, primarily engaged in the exploration and development of mineral resources. The company is particularly involved in copper mining projects, with a significant focus on the Mumbezhi Copper Project in north-west Zambia.
Average Trading Volume: 642,873
Technical Sentiment Signal: Buy
Current Market Cap: A$130.4M
Find detailed analytics on PSC stock on TipRanks’ Stock Analysis page.