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GWR Group Limited ( (AU:GWR) ) has issued an announcement.
GWR Group Limited has made significant progress in its Prospect Ridge Magnesium Project in Tasmania, completing a phase two diamond drilling program, with results pending. The company is also advancing metallurgy work with the University of Tasmania and assessing new project opportunities, including potential acquisitions that complement the Prospect Ridge Project. Additionally, GWR has disposed of its remaining interest in the Hatches Creek Tungsten Project, increasing its voting power in Tungsten Mining NL to 19.86%. These activities reflect GWR’s strategic focus on expanding its resource base and enhancing shareholder value.
More about GWR Group Limited
GWR Group Limited is an independent Australian resource company focused on developing high-quality mineral exploration and development projects. The company has a diverse portfolio of mineral commodity projects, which it manages through direct ownership, joint ventures, and investments in other listed entities. GWR aims to create value through operational excellence and innovation, collaborating with stakeholders to build a sustainable mining business.
YTD Price Performance: 11.25%
Average Trading Volume: 112,081
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$28.59M
For detailed information about GWR stock, go to TipRanks’ Stock Analysis page.
