Ronin Resources Ltd ( (AU:RON) ) has provided an update.
Ronin Resources Ltd has made significant progress in advancing its La Punilla gold-silver project in San Juan, Argentina, by submitting mineral exploration applications over a large area considered promising for gold-silver mineralization. This project is strategically located near other major mining operations, potentially enhancing Ronin’s position in the region. The company is also exploring new business development opportunities and maintains a healthy cash reserve of $3.39 million, indicating a stable financial position to support its ongoing and future projects.
More about Ronin Resources Ltd
Ronin Resources Limited (ASX: RON) is an ASX-listed company focused on evaluating and assessing projects such as the Vetas in Colombia, Hornby Lake Lithium in Ontario Bay, Canada, and La Punilla in Argentina, all of which are fully owned by Ronin. The company is also actively seeking new business opportunities to enhance shareholder returns.
YTD Price Performance: -18.18%
Average Trading Volume: 35,325
Technical Sentiment Signal: Sell
Learn more about RON stock on TipRanks’ Stock Analysis page.