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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. has appointed Ryan Austerberry as Chief Operating Officer, marking a significant step in its transition from exploration to mining operations. Austerberry’s extensive experience in underground gold-antimony mining, particularly at the Costerfield mine, positions him to advance the Sunday Creek project, which recently received approval for an exploration tunnel. This strategic appointment aligns with the company’s goal of becoming a key Western supplier of antimony, especially amid global supply chain concerns, and underscores its readiness to develop Sunday Creek into a premier gold producer.
The most recent analyst rating on (AU:SX2) stock is a Hold with a A$6.10 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 mining company focused on the exploration and development of gold and antimony resources. The company’s flagship project, the Sunday Creek Gold-Antimony Project, is located 60 km north of Melbourne, Australia, and is recognized as one of the Western world’s most significant gold and antimony discoveries. The project features a dual-metal profile with gold and antimony, enhancing its strategic value, particularly in light of global antimony supply concerns.
Average Trading Volume: 690,026
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.11B
For an in-depth examination of SX2 stock, go to TipRanks’ Overview page.