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The latest update is out from Strategic Minerals ( (GB:SML) ).
Strategic Minerals plc announced impressive results from its second drillhole, CRD034b, at the Redmoor Tungsten-Tin-Copper Project. The drillhole revealed very high-grade tungsten intersections and multiple thick zones of mineralization, reinforcing Redmoor’s status as Europe’s highest-grade undeveloped tungsten resource. These results suggest strong potential for resource growth, positioning Redmoor as a critical mineral supply source for the UK. The findings also highlight the project’s potential to attract investment and create high-quality jobs in Cornwall’s critical minerals sector.
The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.
Spark’s Take on GB:SML Stock
According to Spark, TipRanks’ AI Analyst, GB:SML is a Neutral.
Strategic Minerals’ strong financial recovery and bullish technical indicators are key strengths, though high valuation and historical volatility pose risks. The absence of earnings call insights and corporate events limits additional context.
To see Spark’s full report on GB:SML stock, click here.
More about Strategic Minerals
Strategic Minerals plc is an international mineral exploration and production company. It operates through its wholly owned subsidiary, Cornwall Resources Limited, focusing on the exploration of tungsten, tin, and copper, particularly at the Redmoor project in southeast Cornwall.
Average Trading Volume: 40,860,877
Technical Sentiment Signal: Buy
Current Market Cap: £35.83M
See more data about SML stock on TipRanks’ Stock Analysis page.