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WA1 Resources Ltd ( (AU:WA1) ) just unveiled an announcement.
WA1 Resources Ltd has completed proof-of-concept niobium oxide refining testwork at its Luni Niobium Project, demonstrating the potential to produce higher-value niobium products. The company continues to advance various work programs, including drilling and pre-development activities, to support an updated Mineral Resource estimate and expedite permitting processes. Additionally, WA1 has strengthened its corporate structure with the appointment of a new Non-Executive Chair and secured significant funding through a $100 million placement.
The most recent analyst rating on (AU:WA1) stock is a Buy with a A$25.70 price target. To see the full list of analyst forecasts on WA1 Resources Ltd stock, see the AU:WA1 Stock Forecast page.
More about WA1 Resources Ltd
WA1 Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary project is the Luni Niobium Project, located within the West Arunta Project in Western Australia, which aims to produce high-value niobium products.
Average Trading Volume: 217,374
Technical Sentiment Signal: Buy
Current Market Cap: A$1.35B
For a thorough assessment of WA1 stock, go to TipRanks’ Stock Analysis page.