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S2 Resources ( (AU:S2R) ) has provided an update.
S2 Resources has commenced Reverse Circulation drilling at its West Murchison Project in Western Australia, targeting a 500-metre long soil anomaly at Yalgamine. This anomaly, which includes copper, platinum, palladium, and gold, is associated with a magnetic feature interpreted as an intrusion. The results of this drilling are expected to provide insights into the potential mineral wealth of the area, potentially enhancing S2 Resources’ position in the mining sector.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
More about S2 Resources
S2 Resources is a company operating in the mining industry, focusing on exploration and development of mineral resources. Its primary products include copper, platinum, palladium, and gold, with a market focus on resource-rich regions such as Western Australia.
Average Trading Volume: 1,021,375
Technical Sentiment Signal: Hold
Current Market Cap: A$47.14M
See more insights into S2R stock on TipRanks’ Stock Analysis page.