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Saturn Metals Ltd. ( (AU:STN) ) has shared an announcement.
Saturn Metals Ltd. has announced advancements in the development of its Apollo Hill Gold Project, which is strategically located in a prolific gold province in Western Australia. The company reports a robust mineral resource of 2.24 million ounces, with 82% in the Measured and Indicated category. The recent Preliminary Economic Assessment (PEA) indicates the feasibility of a large-scale, low-cost mining operation. Saturn Metals is progressing towards a Definitive Feasibility Study (DFS) and potential mine development, with plans for further resource upgrades, positioning itself strongly in the gold mining sector.
The most recent analyst rating on (AU:STN) stock is a Buy with a A$1.93 price target. To see the full list of analyst forecasts on Saturn Metals Ltd. stock, see the AU:STN Stock Forecast page.
More about Saturn Metals Ltd.
Saturn Metals Ltd. operates in the mining industry, focusing primarily on gold exploration and development. The company holds a significant position in a gold-rich province in Western Australia, with a large mineral resource base and ownership of extensive contiguous tenure.
Average Trading Volume: 1,063,045
Technical Sentiment Signal: Buy
Current Market Cap: A$309.7M
See more insights into STN stock on TipRanks’ Stock Analysis page.