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Strategic Minerals Advances Drilling and Studies at Redmoor Project

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Strategic Minerals Advances Drilling and Studies at Redmoor Project

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The latest update is out from Strategic Minerals ( (GB:SML) ).

Strategic Minerals has completed three additional drill holes at its Redmoor project, all intersecting the full thickness of the sheeted vein system, indicating potential resource growth. The company is also conducting new metallurgical studies to improve metal recoverability and process economics, with an updated mineral resource estimate expected in early 2026.

The most recent analyst rating on (GB:SML) stock is a Buy with a £0.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Spark’s Take on GB:SML Stock

According to Spark, TipRanks’ AI Analyst, GB:SML is a Outperform.

The overall stock score reflects strong financial recovery and attractive valuation, tempered by technical indicators suggesting potential short-term weakness. Historical volatility remains a concern.

To see Spark’s full report on GB:SML stock, click here.

More about Strategic Minerals

Strategic Minerals plc is an international mineral exploration and production company, primarily focused on the Redmoor Tungsten-Tin-Copper Project in east Cornwall. The project is known for being the highest-grade undeveloped tungsten resource in Europe.

Average Trading Volume: 23,692,404

Technical Sentiment Signal: Buy

Current Market Cap: £20.56M

Learn more about SML stock on TipRanks’ Stock Analysis page.

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