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Saturn Metals Ltd. ( (AU:STN) ) has provided an update.
Saturn Metals Limited has announced a significant upgrade to its Apollo Hill Mineral Resource, now totaling 2.24 million ounces of gold, with 82% classified as Measured and Indicated. This upgrade, along with strong drill results, supports the company’s upcoming Pre-Feasibility Study and inaugural Ore Reserve scheduled for late 2025. The company also completed a successful capital raising of $45 million, enhancing its financial position to further explore and develop the Apollo Hill Gold Project.
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 Limited is a company in the mining industry, primarily focused on gold exploration and development. Its flagship project is the Apollo Hill Gold Project, which is centered on large-scale, low-cost bulk tonnage mining and heap leach processing.
Average Trading Volume: 837,734
Technical Sentiment Signal: Buy
Current Market Cap: A$280.6M
Find detailed analytics on STN stock on TipRanks’ Stock Analysis page.