Larvotto Resources Limited ( (AU:LRV) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Larvotto Resources Limited’s stock is on the rise following the announcement of a completed Definitive Feasibility Study for its Hillgrove Antimony-Gold Project in New South Wales. The study highlights the project’s strong economic potential, with an initial eight-year mine life and promising opportunities for extension. The anticipated start of production in 2026, coupled with advanced project finance discussions, underscores the project’s strategic value in the gold and antimony markets, likely influencing stock price targets due to its expected robust margins and economic viability.
More about Larvotto Resources Limited
YTD Price Performance: 50.0%
Average Trading Volume: 5,188,736
Technical Sentiment Signal: Sell
Current Market Cap: A$308.4M
For further insights into LRV stock on TipRanks’ Stock Analysis page.
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