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St. Barbara ( (AU:SBM) ) has issued an update.
St Barbara Limited has completed a feasibility study for the Simberi Expansion Project, confirming it as a high-quality, long-life, low-cost asset. The study highlights a significant increase in mineral resources and outlines a 13-year life of mine with competitive all-in sustaining costs. The project is expected to leverage existing infrastructure to produce over 200,000 ounces of gold annually from FY29, with a post-tax NPV of up to US$1,811 million at higher gold and silver prices. This expansion is poised to enhance St Barbara’s operational efficiency and market position, offering substantial value to shareholders.
The most recent analyst rating on (AU:SBM) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.
More about St. Barbara
St Barbara Limited is a company operating in the mining industry, primarily focusing on the extraction and production of gold and silver. The company is engaged in developing its mining operations to enhance production capabilities and extend the life of its mines.
Average Trading Volume: 10,448,109
Technical Sentiment Signal: Buy
Current Market Cap: A$647.2M
See more data about SBM stock on TipRanks’ Stock Analysis page.