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Felix Gold Ltd. ( (AU:FXG) ) has provided an announcement.
Felix Gold Ltd. has announced its progress in advancing near-term antimony production at the Scrafford Antimony Mine, contributing to its broader commercialization strategy alongside its 832koz JORC Inferred gold resource. This initiative aligns with the U.S.’s need for domestic antimony production, especially in light of China’s export restrictions, and positions Felix Gold to potentially receive government support, given antimony’s critical importance to defense and other industries.
More about Felix Gold Ltd.
Felix Gold Ltd. operates in the mining industry, focusing on the exploration and production of precious metals, particularly gold and antimony. The company is strategically positioned in the U.S. with significant antimony assets, which are critical for national security and various industrial applications.
YTD Price Performance: 37.50%
Average Trading Volume: 799,134
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$37.82M
See more insights into FXG stock on TipRanks’ Stock Analysis page.
