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The latest announcement is out from Reach Resources Limited ( (AU:RR1) ).
Reach Resources Limited has experienced a significant increase in both the price and trading volume of its securities, attributed to ongoing drilling activities at its Murchison South Gold Project. The company has completed an RC drilling program and plans to release initial results after a trading halt, which could impact market perceptions and investor interest.
More about Reach Resources Limited
Reach Resources Limited is engaged in the exploration and development of mineral projects, focusing on gold resources. Its primary project is the Murchison South Gold Project, which aims to confirm and validate previous results for development planning.
YTD Price Performance: 27.27%
Average Trading Volume: 6,203,516
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.24M
For a thorough assessment of RR1 stock, go to TipRanks’ Stock Analysis page.