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The latest update is out from Ragnar Metals Limited ( (AU:RAG) ).
Ragnar Metals Limited announced the successful identification of significant conductive anomalies at its Viken Energy Metals Project in Sweden, based on reprocessed VLF geophysics data. These findings reveal extensive potential for uranium, vanadium, and molybdenum-bearing alum shales, aligning with historical drilling intersections. The company plans to prioritize these high-potential areas for further exploration, including advancing 3D modeling and applying additional electromagnetic techniques.
More about Ragnar Metals Limited
Ragnar Metals Limited operates in the energy metals industry, focusing on exploration projects with a key interest in metals such as vanadium, copper, nickel, molybdenum, and zinc. The company’s market focus includes regions with potential for polymetallic mineralization, particularly in Sweden.
YTD Price Performance: -15.00%
Average Trading Volume: 449,971
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.06M
For a thorough assessment of RAG stock, go to TipRanks’ Stock Analysis page.