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The latest update is out from S2 Resources ( (AU:S2R) ).
S2 Resources has released its March 2025 quarterly activities report, highlighting key developments across its exploration projects. At the Greater Fosterville Project in Victoria, the company identified three geophysical anomalies through induced polarisation surveys, with aircore drilling completed over two of these anomalies. In Finland, through its shareholding in Valkea Resources, S2 reported promising gold intersections from its diamond drill program. The company maintains a cash balance of A$2.2 million and plans to spend approximately A$1 million in the next quarter. These activities underscore S2’s strategic focus on expanding its exploration footprint and enhancing its asset portfolio, which could potentially impact its market positioning and stakeholder interests.
More about S2 Resources
S2 Resources is a company operating in the mining and exploration industry, focusing on the identification and development of mineral resources. The company is involved in various projects, including gold exploration in Victoria, Australia, and holds significant shareholdings in other mineral resource companies such as Valkea Resources and Trinex Minerals Ltd.
YTD Price Performance: 57.14%
Average Trading Volume: 703,695
Technical Sentiment Signal: Sell
Current Market Cap: A$49.81M
For an in-depth examination of S2R stock, go to TipRanks’ Stock Analysis page.