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An announcement from Santana Minerals Ltd. ( (AU:SMI) ) is now available.
Santana Minerals Ltd has successfully acquired key freehold lands and extinguished royalties for its Bendigo-Ophir Gold Project, enhancing project economics and lowering operating costs. This strategic move is expected to advance the project significantly, bringing economic benefits and job opportunities to the region, especially with gold prices at record highs.
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 mining company focused on gold exploration and development. The company is primarily involved in the Bendigo-Ophir Gold Project, aiming to secure freehold ownership of lands for mining operations and infrastructure development.
Average Trading Volume: 1,355,458
Technical Sentiment Signal: Buy
Current Market Cap: A$652.6M
See more insights into SMI stock on TipRanks’ Stock Analysis page.