tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Strategic Minerals Boosts Cobre Sales and Advances Redmoor Project

Story Highlights
Strategic Minerals Boosts Cobre Sales and Advances Redmoor Project

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.

Strategic Minerals ( (GB:SML) ) just unveiled an update.

Strategic Minerals plc reported a 42.4% increase in Q3 2025 ore sales at its Cobre operation, generating $1.08 million in revenue, which supports its accelerated development program at the Redmoor project in Cornwall. The Redmoor project has shown significant progress with high-grade tungsten results, attracting market interest and positioning it as a leading undeveloped tungsten resource in Europe. The company is enhancing its exploration and development focus, with ongoing drilling and analysis reinforcing the project’s potential for resource growth and economic advancement.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.00 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 Neutral.

Strategic Minerals’ stock score is primarily driven by its strong financial recovery in 2024 and positive technical indicators, despite being overbought. The high P/E ratio and lack of dividend yield are notable valuation concerns.

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

More about Strategic Minerals

Strategic Minerals plc is an AIM-quoted minerals company engaged in the exploration and production of strategic projects in the UK, USA, and Australia. It owns Cornwall Resources Limited and the Redmoor Tungsten-Tin-Copper Project in Cornwall, UK, and operates the Cobre magnetite project in New Mexico, USA, providing a sustainable revenue stream.

Average Trading Volume: 26,968,408

Technical Sentiment Signal: Buy

Current Market Cap: £21.61M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1