Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from St. George Mining Ltd. ( (AU:SGQ) ).
St George Mining has appointed Washington DC-based government relations firm Ervin Graves Strategy Group to deepen its engagement with US government agencies and private enterprises, as it seeks commercial arrangements and potential public–private partnerships to support development of its Araxá rare earths-niobium project in Brazil. The move comes amid an escalation of US initiatives to secure critical mineral supply chains in the Western Hemisphere, underscored by recent large-scale US government funding packages for other rare earth developers, and positions St George to potentially benefit from US policy priorities and financing channels by leveraging Araxá’s favourable logistics, advanced project status, and globally significant resource base.
The most recent analyst rating on (AU:SGQ) stock is a Sell with a A$0.11 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 an ASX-listed resources company focused on the exploration and development of critical minerals, notably rare earth elements and niobium. Its flagship 100%-owned Araxá Project in Minas Gerais, Brazil, hosts a world-class mineral resource estimate of 40.6Mt at 4.13% TREO, making it the largest and highest-grade carbonatite-hosted rare earth deposit in South America and among the highest-grade rare earth deposits globally, strategically positioned to serve Western Hemisphere supply chains, particularly the United States.
Average Trading Volume: 29,452,457
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$456.6M
Learn more about SGQ stock on TipRanks’ Stock Analysis page.