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Saturn Metals Ltd. ( (AU:STN) ) just unveiled an update.
Saturn Metals Ltd. has announced progress in its Apollo Hill Gold Project, with a 2.24 million ounce JORC Compliant Mineral Resource, 82% of which is classified as Measured and Indicated. The company is advancing from a Pre-Feasibility Study (PFS) to a Definitive Feasibility Study (DFS) and potential mine development, indicating robust technical and financial prospects for large-scale, low-cost mining operations. This development positions Saturn Metals strategically within a multi-million ounce gold province, with plans for near-term resource upgrades and exploration in underexplored areas.
The most recent analyst rating on (AU:STN) stock is a Buy with a A$1.24 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 on gold exploration and development. The company is primarily engaged in the Apollo Hill Gold Project located in Western Australia, a significant gold province. Saturn Metals holds 100% ownership of approximately 1,000 square kilometers of gold-rich structures, including the Keith Kilkenny Lineament.
Average Trading Volume: 674,522
Technical Sentiment Signal: Buy
Current Market Cap: A$207M
See more insights into STN stock on TipRanks’ Stock Analysis page.