TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Pure Resources Limited ( (AU:PR1) ) has issued an update.
Pure Resources Limited has successfully completed the acquisition of Garnet Hills Pty Ltd, which holds a mining lease for a high-grade garnet deposit in Western Australia. This acquisition marks a significant milestone for the company, as it moves towards feasibility studies and development, positioning Garnet Hills as a potential leading hard-rock garnet mine globally.
More about Pure Resources Limited
Pure Resources Limited operates in the mining industry, focusing on high-grade mineral deposits. The company is involved in the extraction and development of hard-rock garnet, with a strategic market focus on establishing commercially viable mining operations.
Average Trading Volume: 70,238
Technical Sentiment Signal: Buy
See more data about PR1 stock on TipRanks’ Stock Analysis page.