Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Saturn Metals Ltd. ( (AU:STN) ).
Saturn Metals Limited has reported a significant year of progress, marked by a substantial upgrade in its Apollo Hill resource, which now exceeds two million ounces of gold. The company has made strides in project development, exploration, and financial fortification, including a successful capital raising campaign to fund ongoing and future operations. The discovery of the high-grade Iris zone and the completion of a major drilling program have positioned Saturn strongly for its upcoming Pre-Feasibility Study (PFS) results. Despite changes in its board, the company remains optimistic about its future, supported by strong gold market fundamentals.
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 Limited is a company in the gold mining industry, primarily focused on the exploration and development of gold resources. The company is particularly centered on its Apollo Hill project in Western Australia, aiming to establish a significant long-life, profitable gold mining operation.
Average Trading Volume: 1,633,956
Technical Sentiment Signal: Buy
Current Market Cap: A$275.1M
For a thorough assessment of STN stock, go to TipRanks’ Stock Analysis page.