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
Consolidated Zinc Limited ( (AU:YAR) ) has issued an update.
Yari Minerals has reported a maiden JORC Indicated Coal Resource of 33.74 million tonnes at its Rolleston South Coal Project, following four additional drillholes totalling 1,287.9 metres that confirmed thick, continuous and shallow coal seams, including an intercept at 48.9 metres depth. The new data lifts the project’s total coal resource by 17% to about 223 million tonnes, increases confidence in seam continuity and geological interpretation, and supports ongoing coal quality testwork and geological studies that are expected to guide product specification, potential mining options and commercial pathways in the Bowen Basin coal market.
The most recent analyst rating on (AU:YAR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Consolidated Zinc Limited stock, see the AU:YAR Stock Forecast page.
More about Consolidated Zinc Limited
Yari Minerals Limited is an Australian resources company focused on coal exploration and development, with its flagship Rolleston South Coal Project located in the Bowen Basin, a well-established coal-producing region with access to existing rail and port infrastructure. The company is working to define and upgrade coal resources and understand coal quality to position the project for potential commercial development and market entry.
Average Trading Volume: 1,118,601
Technical Sentiment Signal: Sell
Current Market Cap: A$7.56M
For detailed information about YAR stock, go to TipRanks’ Stock Analysis page.