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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) has provided an update.
Southern Cross Gold Consolidated Ltd has announced a significant metallurgical advancement at its Sunday Creek Gold-Antimony Project, achieving successful selective flotation processing that produces high-grade, low-arsenic antimony-gold concentrate. This development enhances the project’s economic potential by enabling the production of premium antimony concentrates and excellent native gold recovery. The advancement positions the company favorably in light of antimony’s exemption from recent US tariffs and ongoing Chinese export restrictions, potentially reducing reliance on blending strategies and de-risking further development.
The most recent analyst rating on (AU:SX2) stock is a Hold with a A$6.20 price target. To see the full list of analyst forecasts on Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs stock, see the AU:SX2 Stock Forecast page.
More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs
Southern Cross Gold Consolidated Ltd is a company operating in the mining industry, focusing on the extraction and processing of gold and antimony. The company is engaged in developing its Sunday Creek Gold-Antimony Project in Victoria, aiming to produce high-value metal concentrates.
Average Trading Volume: 513,105
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.38B
Find detailed analytics on SX2 stock on TipRanks’ Stock Analysis page.