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Battery Minerals Ltd. ( (AU:WTM) ) just unveiled an update.
Waratah Minerals reported a strong December quarter marked by aggressive exploration at its Spur gold project, where an 80,000-metre drilling program and seven active rigs at the Spur and Consols zones are delivering multiple high-grade gold intercepts, extending known mineralisation and improving geological understanding. The company is also running regional soil sampling and geophysical programs to generate new drill targets, while bolstering its technical team and board to support a transition toward development, underpinned by a robust cash position of $28.6 million that positions it to pursue its growth and value-creation strategy for shareholders into 2026.
The most recent analyst rating on (AU:WTM) stock is a Sell with a A$0.55 price target. To see the full list of analyst forecasts on Battery Minerals Ltd. stock, see the AU:WTM Stock Forecast page.
More about Battery Minerals Ltd.
Waratah Minerals Ltd. is an Australian gold exploration company listed on the ASX, focused on advancing its 100%-owned Spur gold project in New South Wales through large-scale drilling and regional exploration aimed at defining substantial high-grade gold resources.
Average Trading Volume: 800,369
Technical Sentiment Signal: Buy
Current Market Cap: A$180.9M
See more insights into WTM stock on TipRanks’ Stock Analysis page.