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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 announced significant results from its drilling operations at the Sunday Creek Gold-Antimony Project in Victoria. The company reported high-grade gold and antimony mineralization, including a notable intercept of 3.6 meters at 14.7 g/t gold equivalent in the deepest hole at the Apollo prospect. The discovery of a new mineralized zone between the Gladys and Golden Orb Faults opens up new exploration potential, reinforcing the project’s significance and the company’s strategic positioning in the market.
The most recent analyst rating on (AU:SX2) stock is a Hold with a A$7.60 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 projects. The company operates primarily in Victoria, Australia, and is dedicated to expanding its mineral resources through strategic drilling initiatives.
Average Trading Volume: 675,614
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.15B
For an in-depth examination of SX2 stock, go to TipRanks’ Overview page.