Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Stellar Resources Limited ( (AU:SRZ) ).
Stellar Resources has lifted the Mineral Resource Estimate for the Queen Hill deposit at its Heemskirk Tin Project by 41% to 4.11 million tonnes at 0.85% tin, boosting contained tin to 34,900 tonnes and driving the overall project resource to 9.51 million tonnes at 0.93% tin for 88,100 tonnes of contained metal. Including the St Dizier satellite deposit, Stellar’s total tin inventory has now surpassed 100,000 tonnes, reinforcing Heemskirk’s status as a tier-1, high-grade undeveloped tin project and providing a stronger resource base ahead of an updated Severn deposit estimate and completion of a prefeasibility study targeted for the first half of 2026.
The Queen Hill upgrade, derived from new drilling data and a broader mineralised envelope to account for ore sorting, has also delivered a 46% increase in Indicated Resources, enhancing confidence in mine planning and economic studies. Management says upcoming resource growth from Severn and the ongoing prefeasibility work are expected to further improve project scale and classification, potentially strengthening Stellar’s competitive position in the tin sector and offering greater clarity for investors and other stakeholders on future development options.
The most recent analyst rating on (AU:SRZ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Stellar Resources Limited stock, see the AU:SRZ Stock Forecast page.
More about Stellar Resources Limited
Stellar Resources Limited is an Australian exploration and development company focused on tin, with its flagship Heemskirk Tin Project located in western Tasmania and supported by the nearby St Dizier satellite deposit. The project is positioned as the highest-grade undeveloped tin project in Australia and one of the highest-grade tin assets globally among peer companies, targeting growing demand in the global tin market.
YTD Price Performance: 6.90%
Average Trading Volume: 8,347,613
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$84.11M
Find detailed analytics on SRZ stock on TipRanks’ Stock Analysis page.