ABL Capital Partners increased its price target on Native Mineral Resources (ASX: NMR) to $0.51/sh (up from $0.13/sh) following a visit to NMR’s Blackjack Gold Project in Queensland, which is on track to achieve first gold in Q3. “Refurbishment of the mill is now well advanced, and the first mining fleet equipment has already arrived at site, with the remainder on track for delivery to commence mining at Blackjack within the next few weeks. NMR expects wet commissioning in Jun-25 and first gold production “early” in the September quarter – ahead of schedule and a reflection of strong operational execution underway,” analyst Daniel Seeney wrote.
NMR Site Visit Update: First Gold Expected Within Weeks
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $188.2M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $502.5K | 2.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 117383 | 1 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| NMR (ASX) Chart |