TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Tungsten Mining NL ( (AU:TGN) ) just unveiled an update.
Tungsten Mining NL has announced a new Exploration Target at the Mulgine Trench deposit, highlighting the global scale of its Mt Mulgine project. The target, which is additional to the 2020 mineral resource estimate, underscores the project’s potential to extend mine life and increase scale, reinforcing its strategic importance in the supply-constrained tungsten market. The company plans supplementary drilling to further assess the mineralisation, aiming to complete a Pre-Feasibility Study by mid-2026, which could enhance its positioning in the critical minerals sector.
The most recent analyst rating on (AU:TGN) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Tungsten Mining NL stock, see the AU:TGN Stock Forecast page.
More about Tungsten Mining NL
Tungsten Mining NL is a company operating in the critical minerals industry, primarily focusing on the exploration and development of tungsten and molybdenum resources. The company is engaged in advancing its Mt Mulgine project, which is positioned to play a significant role in global critical mineral supply chains.
Average Trading Volume: 1,341,697
Technical Sentiment Signal: Buy
Current Market Cap: A$234M
See more insights into TGN stock on TipRanks’ Stock Analysis page.