AuMEGA Metals Ltd

Equities

AAM

AU0000338311

Non-Gold Precious Metals & Minerals

Market Closed - Australian S.E. 11:40:13 28/06/2024 am IST 5-day change 1st Jan Change
0.056 AUD 0.00% Intraday chart for AuMEGA Metals Ltd +7.69% +19.15%
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Aumega Metals Limited, formerly Matador Mining Limited, is an Australia-based exploration company. The Company is focused on making gold discoveries in Newfoundland, Canada. The Company is well positioned with an extensive land package comprising 120-kilometres of continuous strike along the under-explored, multi-million-ounce Cape Ray Shear, a prolific gold structure in Newfoundland that hosts several mineral deposits. Additionally, the Company holds 27- kilometers of continuous strike at the Hermitage prospect which is located on the highly prospective Hermitage Flexure. The Company also has an Option Agreement over the Blue Cove Copper Project in southeastern Newfoundland, which is highly prospective for copper and other base metals. The Company hosts a mineral resource of 610,000 ounces of gold grading 1.96g/t gold predominately in the Cape Ray Project. Blue Cove is an early-stage, copper, lead, zinc and silver exploration project.
More about the company
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.056 AUD
Average target price
0.1856 AUD
Spread / Average Target
+231.46%
Consensus

Annual profits - Rate of surprise

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