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Felix Gold Ltd. ( (AU:FXG) ) has provided an announcement.
Felix Gold Ltd. has announced significant advancements at its Treasure Creek project, with two new surface discoveries of crystallized stibnite and high-grade antimony drilling results. These findings suggest a substantial expansion of the mineralized system, enhancing the project’s potential to support the U.S. defense industrial base with secure, high-purity antimony feedstock. The company’s efforts align with the U.S. critical minerals strategy, aiming to provide a domestic supply of defense-critical metals.
The most recent analyst rating on (AU:FXG) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Felix Gold Ltd. stock, see the AU:FXG Stock Forecast page.
More about Felix Gold Ltd.
Felix Gold Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with antimony, a critical mineral used in various industrial applications, and is actively working to enhance its market presence by expanding its mineralized systems.
Average Trading Volume: 2,659,968
Technical Sentiment Signal: Buy
Current Market Cap: A$194.1M
See more insights into FXG stock on TipRanks’ Stock Analysis page.