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Strategic Minerals sets date for updated Redmoor resource and economics

Story Highlights
  • Strategic Minerals will publish an updated Redmoor resource estimate and economic analysis.
  • The company will present the Redmoor update in a webinar, underscoring timely delivery and investor focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Strategic Minerals sets date for updated Redmoor resource and economics

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Strategic Minerals ( (GB:SML) ) has shared an update.

Strategic Minerals’ subsidiary Cornwall Resources will release a new Mineral Resource Estimate and updated economic sensitivity analysis for its Redmoor tungsten-tin-copper project in Cornwall on 26 March 2026. The work, partly funded by the UK Government’s Shared Prosperity Fund, incorporates recent drilling, relogging and metallurgical results with historic datasets to refine Redmoor’s resource base and project economics.

The company will host a webinar on the same day to present the new estimate and economic assessment, led by senior management from both Strategic Minerals and Cornwall Resources. Management highlighted that the Redmoor work program has been delivered on schedule within 12 months, underlining project execution capability and providing investors with an updated view of the project’s potential in a strategically important metals district.

The most recent analyst rating on (GB:SML) stock is a Buy with a £3.00 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 SML Stock

According to Spark, TipRanks’ AI Analyst, SML is a Neutral.

The score is primarily supported by improved 2024 financial performance and strong technical uptrend signals. It is materially constrained by expensive valuation (high P/E and no dividend yield data) and technical overbought indicators that elevate near-term risk.

To see Spark’s full report on SML stock, click here.

More about Strategic Minerals

Strategic Minerals plc is an AIM-quoted international mineral exploration and production company with strategic projects in the UK, United States and Australia. Its portfolio includes the Cobre magnetite project in New Mexico, the Leigh Creek Copper Mine in South Australia, and the Redmoor tungsten-tin-copper project in Cornwall, acquired through its 100% ownership of Cornwall Resources Limited.

Average Trading Volume: 25,622,257

Technical Sentiment Signal: Buy

Current Market Cap: £146.3M

Find detailed analytics on SML stock on TipRanks’ Stock Analysis page.

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