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Meteoric Resources NL ( (AU:MEI) ) has issued an announcement.
Meteoric Resources NL has announced updates on its Caldeira Project, a globally strategic and long-life rare earths project with significant growth potential. The company confirms that all material assumptions and technical parameters underpinning the mineral resource estimates continue to apply and have not materially changed, indicating stability in their exploration results and project forecasts.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
More about Meteoric Resources NL
Meteoric Resources NL operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in rare earth projects, which are critical for various high-tech applications and have significant growth potential.
Average Trading Volume: 11,387,610
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$515M
Learn more about MEI stock on TipRanks’ Stock Analysis page.