tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AuMEGA Metals Updates on Cape Ray Gold Project

Story Highlights
AuMEGA Metals Updates on Cape Ray Gold Project

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Matador Mining Ltd ( (AU:AAM) ) has shared an update.

AuMEGA Metals Limited has released a presentation regarding its Cape Ray Gold Project in Newfoundland, Canada. The company confirms that there are no new material changes to the previously announced mineral resource estimates. The project uses specific cut-off grades for open pit and underground mining, with detailed cost assumptions and parameters for resource estimation. This announcement reaffirms the company’s ongoing commitment to the project and provides stakeholders with updated technical insights, ensuring transparency and continuity in its exploration and development activities.

The most recent analyst rating on (AU:AAM) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Matador Mining Ltd stock, see the AU:AAM Stock Forecast page.

More about Matador Mining Ltd

Average Trading Volume: 606,335

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$18.79M

For a thorough assessment of AAM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1