Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest announcement is out from Accelerate Resources Ltd. ( (AU:AX8) ).
Accelerate Resources Limited has announced a strategic move to acquire a 70% interest in the Kanowna East Gold Project near Kalgoorlie, Western Australia, marking a significant step in their new low-cost gold strategy aimed at acquiring under-explored regions with proximity to processing facilities. The company has also raised $1.35 million to expedite exploration activities and identified lithium-bearing minerals at its Mt Sholl East Project, enhancing its potential beyond the Prinsep Lithium Project.
More about Accelerate Resources Ltd.
Accelerate Resources Limited is a company focused on exploring and developing mineral resources, primarily in the gold and lithium sectors. The company targets strategic acquisitions and developments in Western Australia’s prolific gold fields and emerging lithium regions.
YTD Price Performance: 30.0%
Average Trading Volume: 2,239,411
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.61M
For detailed information about AX8 stock, go to TipRanks’ Stock Analysis page.
