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.
Prospech Ltd. ( (AU:PRS) ) just unveiled an announcement.
Prospech Ltd. is expanding its Jokikangas project in Finland following a significant rise in hafnium and niobium prices. The project area has increased to 7,062 hectares, incorporating additional land to explore the potential of these elements, which are vital to industries like aerospace and energy. The company plans to reassess historical drill cores to further evaluate the economic viability of the site, leveraging hafnium’s rising demand in the semiconductor and aerospace sectors and niobium’s importance in steel and superalloy production.
More about Prospech Ltd.
Prospech Ltd. is involved in the exploration and development of mineral projects, focusing on rare earth elements (REEs) and high field strength elements such as hafnium and niobium, which are critical for various technological applications.
YTD Price Performance: -10.0%
Average Trading Volume: 210,455
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.88M
Find detailed analytics on PRS stock on TipRanks’ Stock Analysis page.