The latest announcement is out from Saturn Metals Ltd. ( (AU:STN) ).
Saturn Metals Limited has reported a significant quarter with a series of milestones for its Apollo Hill Gold Project. The company announced an upgraded mineral resource exceeding 2 million ounces, the appointment of a world-leading engineering firm for a pre-feasibility study, and key management hires to advance the project towards production. Additionally, Saturn Metals successfully raised $23 million in capital, positioning itself for further development and growth. These developments underscore the company’s commitment to advancing its flagship project and enhancing its market position.
More about Saturn Metals Ltd.
Saturn Metals Limited is a company in the mining industry, primarily focused on gold exploration and development. Its main project is the Apollo Hill Gold Project in Western Australia, where it aims to establish a large-scale, long-life gold mining operation.
YTD Price Performance: 12.20%
Average Trading Volume: 429,098
Technical Sentiment Signal: Sell
Current Market Cap: A$71.04M
For a thorough assessment of STN stock, go to TipRanks’ Stock Analysis page.