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The latest announcement is out from Santana Minerals Ltd. ( (AU:SMI) ).
Santana Minerals Ltd has been granted a 30-year mining permit for its Bendigo-Ophir Gold Project in Central Otago, New Zealand, by New Zealand Petroleum & Minerals. This extension from the initially anticipated 25-year period signifies a positive development for the company, potentially enhancing its long-term operational stability and strengthening its position in the gold mining sector.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
More about Santana Minerals Ltd.
Santana Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in gold mining projects, with a market focus on expanding its operations in regions like Central Otago, New Zealand.
Average Trading Volume: 1,519,180
Technical Sentiment Signal: Buy
Current Market Cap: A$631.8M
Find detailed analytics on SMI stock on TipRanks’ Stock Analysis page.