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.
The latest announcement is out from Lunnon Metals Limited ( (AU:LM8) ).
Lunnon Metals Limited has confirmed significant high-grade gold zones at the Lady Herial deposit within its Kambalda Gold & Nickel Project. The completed infill grade control drilling program has returned promising assay results for the Upper Structure, indicating robust gold mineralization. These findings de-risk the deposit and enhance confidence in the project’s development potential, with plans to optimize mine design and maximize cash flow by exploiting high-grade components early in the open pit’s life.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
More about Lunnon Metals Limited
Lunnon Metals Limited is a company operating in the mining industry, focusing on gold and nickel extraction. The company is engaged in the development and production of mineral resources, with a significant project at the Kambalda Gold & Nickel Project (KGNP) in Western Australia.
Average Trading Volume: 116,960
Technical Sentiment Signal: Buy
For an in-depth examination of LM8 stock, go to TipRanks’ Overview page.