Ronin Resources Ltd ( (AU:RON) ) has issued an announcement.
Ronin Resources Ltd has announced its application for the La Punilla gold-silver project in San Juan, Argentina, covering 23,637 hectares. This strategic move is part of Ronin’s efforts to enhance its exploration activities and capitalize on the mineral-rich San Juan Province, known for its significant copper-gold-molybdenum deposits. The company has also completed a placement to advance these exploration activities and remains committed to evaluating new business opportunities. As of December 2024, Ronin Resources holds cash reserves of $3.46 million, indicating a solid financial position to support its exploration and development initiatives.
More about Ronin Resources Ltd
Ronin Resources Limited (ASX: RON) is an ASX-listed company focused on evaluating and assessing its Vetas, Hornby Lake Lithium, and La Punilla Projects located in Colombia, Ontario Bay, Canada, and Argentina respectively, which are 100% owned by Ronin. The company also seeks new business opportunities that can deliver shareholder returns.
YTD Price Performance: -20.45%
Average Trading Volume: 75,910
Technical Sentiment Consensus Rating: Sell
See more data about RON stock on TipRanks’ Stock Analysis page.