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Ragnar Metals Limited ( (AU:RAG) ) just unveiled an announcement.
Ragnar Metals has reported new high-grade gold results from channel and rock sampling at the historic Harnäs pit in Sweden, confirming extensions to known mineralised veins and showing mineralisation remains open to the east. The work, including trench transects along the pit walls and rock assays up to 36.6 grams per tonne gold, validates historical high-grade intersections and outlines multiple potential gold trends around the pit.
The company has now secured all key regulatory approvals for its maiden diamond drilling program at Harnäs, with a drill rig currently being mobilised to site. These developments mark a shift into an intensive drilling phase that could materially advance Ragnar’s flagship gold project and strengthen its position in the Scandinavian gold exploration sector.
The most recent analyst rating on (AU:RAG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Ragnar Metals Limited stock, see the AU:RAG Stock Forecast page.
More about Ragnar Metals Limited
Ragnar Metals Limited is an Australian-listed mineral exploration company focused on gold projects, with a key asset at the Harnäs Project in Sweden. The company is advancing exploration through systematic sampling and drilling, targeting high-grade gold mineralisation and district-scale potential in partnership with local entity Harnäs GoldMine AB.
Average Trading Volume: 551,897
Technical Sentiment Signal: Buy
Current Market Cap: A$15.14M
For a thorough assessment of RAG stock, go to TipRanks’ Stock Analysis page.