Solstice Minerals Limited (AU:SLS) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Solstice Minerals Limited has strengthened its financial position with the A$10m sale of an 80% share in the Hobbes Exploration Licence, leading to an impressive cash balance of $17.5m. The company is advancing exploration on its Yarri gold project and other prospective areas while also evaluating new projects that complement its current assets. Promising drilling results and strategic tenure reviews and acquisitions underscore Solstice’s ongoing commitment to growth and shareholder value.
For further insights into AU:SLS stock, check out TipRanks’ Stock Analysis page.