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GWR Group Limited ( (AU:GWR) ) just unveiled an update.
GWR Group Limited has made significant progress in its mineral projects, particularly the Prospect Ridge Magnesite Project in Tasmania, where it holds a 70% interest. The project is advanced, with extensive previous work including drilling and feasibility studies, and is part of a government-funded research collaboration. GWR also maintains strategic investments in tungsten and holds royalty interests in iron ore and gold projects, positioning itself strongly within the resource sector. The company has substantial cash reserves and continues to evaluate potential acquisitions that align with its strategic goals.
More about GWR Group Limited
GWR Group Limited is an independent Australian resource company focused on developing high-quality mineral exploration and development projects. The company holds a diverse portfolio of mineral commodity projects, including direct holdings, joint ventures, and investments in other listed entities. GWR aims to create value through operational excellence and innovation, collaborating with stakeholders to build a sustainable mining business.
Average Trading Volume: 296,786
Technical Sentiment Signal: Buy
Current Market Cap: A$32.36M
Find detailed analytics on GWR stock on TipRanks’ Stock Analysis page.