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
Sunshine Gold Ltd ( (AU:SHN) ) has shared an announcement.
Sunshine Metals has reported further exceptional near-surface gold and silver intercepts from its reverse circulation grade control drilling at the Liontown deposit, including multiple thick, high-grade intervals that in several cases outperform the existing resource model. The company has now completed 82 of 121 planned holes over the shallow gold resource, with assays from most holes received, and expects these strong results to significantly upgrade both the current 108,000-ounce gold and 803,000-ounce silver resource and the initial Liontown Mining Study, which remains on track for completion and subsequent update in early 2026, potentially enhancing mine planning, open-pit economics and toll treatment discussions.
The most recent analyst rating on (AU:SHN) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Sunshine Gold Ltd stock, see the AU:SHN Stock Forecast page.
More about Sunshine Gold Ltd
Sunshine Metals Limited (ASX: SHN) is an Australian mineral exploration and development company focused on gold and silver projects in North Queensland. Its key assets include the Liontown deposit within the Ravenswood Consolidated Project, where the company is targeting shallow, high-grade, open-pittable resources supported by nearby established mines and infrastructure around Charters Towers.
Average Trading Volume: 6,378,813
Technical Sentiment Signal: Buy
Current Market Cap: A$74.75M
See more data about SHN stock on TipRanks’ Stock Analysis page.