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An update from Saturn Metals Ltd. ( (AU:STN) ) is now available.
Saturn Metals has delivered a positive Pre-Feasibility Study for its Apollo Hill Gold Project, outlining a 14-year, standalone bulk open-pit and heap leach operation underpinned by a 1.77Moz production target and a 1.58Moz maiden ore reserve, with strong projected economics including an NPV (8%) of A$973 million, a 51% IRR, rapid capital payback and average annual steady-state production of about 106,000 ounces. The company also reported encouraging drilling results along the Iris Trend that point to further exploration upside, and completed a A$45 million equity placement to institutional and sophisticated investors, leaving it well-funded to pursue a Definitive Feasibility Study in 2026 and potentially enhance Apollo Hill’s scale and financial returns in a buoyant gold price environment.
The most recent analyst rating on (AU:STN) stock is a Hold with a A$0.56 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 an Australian gold exploration and development company focused on advancing its flagship Apollo Hill Gold Project in Western Australia. The project is being positioned as a long-life, bulk open-pit mining operation using conventional heap leach processing to produce gold at scale for both domestic and international markets.
Average Trading Volume: 1,365,531
Technical Sentiment Signal: Buy
Current Market Cap: A$298M
Find detailed analytics on STN stock on TipRanks’ Stock Analysis page.