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Sayona Mining ( (AU:SYA) ) just unveiled an announcement.
Sayona Mining Limited has announced the final results of its 2024 drilling program at the Moblan Lithium Project in Québec, Canada. The results, which include 116 new drill holes, demonstrate high-grade lithium mineralization and support the potential for resource upgrades. The drilling confirms the continuity of spodumene-bearing pegmatites across key zones, enhancing the project’s strategic value and reinforcing its position as a cornerstone of Sayona’s growth strategy.
The most recent analyst rating on (AU:SYA) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Sayona Mining stock, see the AU:SYA Stock Forecast page.
More about Sayona Mining
Sayona Mining Limited is a North American lithium producer focused on developing lithium projects, particularly in the Eeyou-Istchee James Bay region. The company’s primary product is lithium, which is a crucial component in battery technology, and it aims to position itself as a leading supplier in the hard rock lithium market.
YTD Price Performance: -33.33%
Average Trading Volume: 36,338,275
Technical Sentiment Signal: Sell
Current Market Cap: A$207.8M
For an in-depth examination of SYA stock, go to TipRanks’ Overview page.