Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
St. Barbara Ltd. ( (AU:SBM) ) has shared an announcement.
St Barbara Limited has announced a significant new oxide mineral discovery between the Pigibo North and Southwest Sorowar pits. This discovery, identified through trenching and sterilisation drilling, has shown promising gold intercepts, prompting the company to expedite further exploration and drilling. The new findings are expected to boost the Simberi oxide operations, with plans to commence mining in the third quarter of FY25. This advancement supports St Barbara’s ongoing exploration efforts, which are progressing ahead of schedule, and could have positive implications for the company’s resource base and operational growth.
More about St. Barbara Ltd.
St Barbara Limited is a company operating in the mining industry, primarily focused on gold exploration and production. The company is engaged in activities related to the discovery and extraction of mineral resources, with a market focus on expanding its resource base and enhancing operational efficiency.
YTD Price Performance: 80.0%
Average Trading Volume: 13,536
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $186.3M
See more insights into SBM stock on TipRanks’ Stock Analysis page.
