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An announcement from WIA Gold Limited ( (AU:WIA) ) is now available.
Wia Gold Limited has completed a Scoping Study for its Kokoseb Gold Project in Namibia, confirming its potential as a significant gold mine with an 11+ year life span and an annual production of approximately 180,000 ounces of gold for the first five years. The project demonstrates strong financial metrics with a post-tax NPV of $646 million and an IRR of 38% at a gold price of $2,600/oz, with further upside potential. The study also highlights environmental and social considerations, with ongoing permitting processes and potential resource growth through further drilling.
The most recent analyst rating on (AU:WIA) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on WIA Gold Limited stock, see the AU:WIA Stock Forecast page.
More about WIA Gold Limited
Wia Gold Limited is a company operating in the gold mining industry, focusing on the exploration and development of gold projects. Its primary project is the Kokoseb Gold Project in Namibia, which aims to become the country’s fourth modern gold mine.
Average Trading Volume: 2,246,520
Technical Sentiment Signal: Buy
Current Market Cap: A$531.2M
For a thorough assessment of WIA stock, go to TipRanks’ Stock Analysis page.