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St. George Mining Ltd. ( (AU:SGQ) ) has shared an announcement.
St. George Mining Limited has announced significant results from its diamond drilling at the Araxá Rare Earths and Niobium Project in Brazil, revealing the thickest high-grade intercept to date. The new assay results indicate substantial high-grade mineralization, which supports a potential increase in the Mineral Resource Estimate and conversion of resources to a higher confidence category. The ongoing drilling efforts, which continue around the clock, are expected to further expand the resource base and enhance the project’s economic viability.
The most recent analyst rating on (AU:SGQ) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on St. George Mining Ltd. stock, see the AU:SGQ Stock Forecast page.
More about St. George Mining Ltd.
St. George Mining Limited is a company involved in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include rare earth elements and niobium, with a significant market focus on expanding its resource base and enhancing its mineral resource estimates.
YTD Price Performance: 280.0%
Average Trading Volume: 37,834,356
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$361.1M
For detailed information about SGQ stock, go to TipRanks’ Stock Analysis page.