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Strategic Minerals ( (GB:SML) ) has shared an announcement.
Strategic Minerals has reported successful twinning drill results and a significantly improved geological model at its Redmoor tungsten-tin-copper project, confirming the continuity and high-grade nature of mineralised structures in the Sheeted Vein System and validating historical drilling data from 30 holes completed in the early 1980s. The updated deposit model, prepared by Snowden Optiro, now distinguishes separate high-grade tungsten- and tin-dominant domains within a broader mineralised envelope, which is expected to enhance the forthcoming Mineral Resource Estimate, support the inclusion of historical data, and reduce the density and cost of future infill drilling as the company advances toward a prefeasibility study and further drilling campaigns in 2026.
The most recent analyst rating on (GB:SML) stock is a Buy with a £2.50 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.
The score is driven primarily by improved financial performance and positive trend/momentum signals, tempered by valuation risk from a high P/E and the company’s historical volatility and balance sheet fluctuations.
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 listed on AIM and the US OTC market, with its key asset including the Redmoor tungsten-tin-copper project in southeast Cornwall, UK. Through its wholly owned subsidiary Cornwall Resources Limited, the company focuses on advancing Redmoor’s high-grade Sheeted Vein System deposit, positioning itself within the strategic metals supply chain for tungsten, tin and copper.
Average Trading Volume: 27,296,475
Technical Sentiment Signal: Buy
Current Market Cap: £45.02M
For a thorough assessment of SML stock, go to TipRanks’ Stock Analysis page.