Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Chalice Mining ( (AU:CHN) ) is now available.
Chalice Mining has reported a strong financial position with $76.4 million in cash and investments and no debt, fully funding its Gonneville Project through to a targeted Final Investment Decision in late 2027. The Gonneville Palladium-Nickel-Copper Project in Western Australia is advancing with a Pre-Feasibility Study nearing completion, and significant progress in regulatory approvals and offtake discussions. The project is set to become a major producer of palladium, nickel, and copper, with a focus on sustainability through hybrid power solutions and biodiversity offsets. Exploration activities continue with new drilling targets identified, highlighting the company’s commitment to expanding its resource base.
The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.
More about Chalice Mining
Chalice Mining is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include palladium, nickel, and copper, with additional byproducts such as iron, cobalt, platinum, and gold. The company is strategically positioned to become a significant western producer of these minerals.
YTD Price Performance: 120.81%
Average Trading Volume: 2,507,793
Technical Sentiment Signal: Hold
Current Market Cap: A$949.4M
Learn more about CHN stock on TipRanks’ Stock Analysis page.