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The latest update is out from Santana Minerals Ltd. ( (AU:SMI) ).
Santana Minerals Ltd has made significant strides in the first quarter of the 2025/2026 financial year, particularly with its Bendigo-Ophir Gold Project. Key achievements include an updated Pre-Feasibility Study showing strong financial metrics and reduced capital requirements, securing land ownership for project infrastructure, and raising A$60 million to support land purchases and construction. The company also lodged a consent application under the Fast-track Approvals Act, marking a major milestone in the project’s development. These developments enhance the company’s operational capabilities and market positioning, potentially increasing value for stakeholders.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
More about Santana Minerals Ltd.
Santana Minerals Ltd is a company involved in the mining industry, focusing primarily on gold exploration and development. Its flagship project is the Bendigo-Ophir Gold Project, which is being advanced towards commercialization.
Average Trading Volume: 1,504,265
Technical Sentiment Signal: Buy
Current Market Cap: A$648.4M
For detailed information about SMI stock, go to TipRanks’ Stock Analysis page.