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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) has issued an update.
Southern Cross Gold Consolidated Ltd announced a significant metallurgical advancement at its Sunday Creek Gold-Antimony Project, achieving successful selective flotation processing. This development allows the production of high-grade, low-arsenic antimony-gold concentrate, enhancing the project’s economic potential and reducing reliance on blending strategies. The advancement positions the company to deliver multiple high-value products, with favorable timing due to antimony’s exemption from recent US tariffs and Chinese export restrictions.
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 involved in the mining industry, focusing on the extraction and processing of gold and antimony. The company operates the Sunday Creek Gold-Antimony Project in Victoria, aiming to produce high-value products for the market.
Average Trading Volume: 516,622
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.4B
For detailed information about SX2 stock, go to TipRanks’ Stock Analysis page.