Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Rimfire Pacific Mining Limited ( (AU:RIM) ) has issued an update.
Rimfire Pacific Mining Limited has announced promising results from its maiden diamond drilling program at the Murga Exploration Target, revealing high-grade scandium mineralization in laterite and anomalous scandium in underlying pyroxenite rocks. These findings suggest a new exploration opportunity and enhance the potential for a significant scandium resource inventory, reinforcing Rimfire’s strategic positioning in the scandium market.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly involved in scandium exploration, with a significant presence in Fifield, Australia’s scandium epicenter.
YTD Price Performance: -42.50%
Average Trading Volume: 1,867,613
Technical Sentiment Signal: Buy
Current Market Cap: A$60.43M
For a thorough assessment of RIM stock, go to TipRanks’ Stock Analysis page.