FINWIRES · TerminalLIVE
FINWIRES

Hillgrove Resources Establishes Exploration Target For South Australia Prospect

-- Hillgrove Resources (ASX:HGO) established an exploration target for the Kanappa prospect in South Australia, which will be evaluated by the upcoming drilling program, according to a Thursday Australian bourse filing.

It approximated an exploration target for the southern area of Kanappa of between 5.8 million and 11.5 million tonnes, with a target grade of 0.2% to 0.8% copper and 0.05 to 0.1 grams-per-tonne grade of gold, based on drilling results, soil geochemistry, geophysical surveys, and geological interpretation of the prospect.

The South Australia Department for Energy and Mining approved the Exploration Programme for Environmental and Progressive Rehabilitation for the Kanappa target on EL6526.

Its shares rose over 2% in recent trading on Thursday.

Related Articles

Australia

Jefferies Raises Quest Diagnostics Price Target to $225 From $220

Quest Diagnostics (DGX) has an average rating of overweight and mean price target of $219, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $204.33, Change: $+8.02, Percent Change: +4.09%

$DGX
Australia

Truist Securities Cuts Tractor Supply Price Target to $44 From $55, Hold Rating Kept

Tractor Supply (TSCO) has an average rating of overweight and mean price target of $56.19, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $39.92, Change: $-4.90, Percent Change: -10.92%

$TSCO
Sectors

Sector Update: Energy

Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 1.1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.2%.The Philadelphia Oil Service Sector Index was climbing 1.8%, while the Dow Jones US Utilities Index fell 1.3%.Front-month West Texas Intermediate crude oil was rising 4.8% to $93.94 a barrel, and the global benchmark Brent crude contract was advancing 4.4% to $99.68 a barrel. Henry Hub natural gas futures increased 0.3% to $2.70 per 1 million BTU.In corporate news, Halliburton (HAL) shares gained 4.1% after it reported lower Q1 adjusted net income and revenue that still topped analysts' expectations.

$HAL