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S2 Resources ( (AU:S2R) ) just unveiled an announcement.
S2 Resources has applied for quotation on the ASX of 373,134 new fully paid ordinary shares, issued as consideration to the vendor under an Earn-In Agreement for the Loch Lilly Exploration Project in New South Wales. The share issuance formalises S2 Resources’ entry into the Loch Lilly project, signalling an expansion of its exploration portfolio in a key Australian jurisdiction and potentially strengthening its strategic position in the mineral exploration sector.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.07 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 Ltd is an Australian-listed exploration company focused on discovering and developing mineral resources. Its activities are centred on securing and advancing exploration projects, with a particular emphasis on prospective regions within Australia, such as New South Wales.
Average Trading Volume: 745,436
Technical Sentiment Signal: Sell
Current Market Cap: A$36.12M
Find detailed analytics on S2R stock on TipRanks’ Stock Analysis page.