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TG Metals Ltd. ( (AU:TG6) ) has issued an announcement.
TG Metals Ltd reported positive metallurgical test results for its Lake Johnston Project, indicating high-grade spodumene concentrate production, essential for lithium extraction. With a strong cash position of $5.3 million, the company is well-positioned to continue its exploration activities into 2025, potentially enhancing its market position in the lithium industry.
More about TG Metals Ltd.
TG Metals Ltd is an Australian company operating in the mining industry, focusing on the exploration and development of multi-commodity projects, particularly lithium deposits. The company is involved in the Lake Johnston Project, which is 100% owned, and is dedicated to advancing its exploration efforts in Western Australia.
YTD Price Performance: -13.33%
Average Trading Volume: 79,605
Technical Sentiment Consensus Rating: Strong Buy
For a thorough assessment of TG6 stock, go to TipRanks’ Stock Analysis page.
