Overview

• Mineral exploration firm's preliminary 2025 revenue reached $4.23 mln from Cobre magnetite sales

• Company advanced Redmoor project with exceptional drill results and positive metallurgical work

• Cuprum Metals exercised option to acquire Leigh Creek Copper Mine

Outlook

• Company plans to release updated Mineral Resource Estimate for Redmoor by end of Q1 2026

• Strategic Minerals anticipates further resource growth and efficiencies in Redmoor pre-feasibility program

• Company expects A$1.75 mln payment from Cuprum Metals by 31 May 2026 for Leigh Creek Copper Mine

Result Drivers

• COBRE PERFORMANCE - Cobre magnetite operation recorded its 3rd highest annual ore sales in 14 years, generating sales of approximately US$4.23 million

• REDMOOR ADVANCEMENTS - Exceptional drill results and positive metallurgical work at Redmoor project, reinforcing its status as a high-grade undeveloped tungsten deposit

• LEIGH CREEK SALE - Cuprum Metals exercised option to acquire Leigh Creek Copper Mine, with A$0.25 million received and further payments due

Key Details

Analyst Coverage

• Wall Street's median 12-month price target for Strategic Minerals PLC is GBp1.90, about 38.2% above its January 8 closing price of GBp1.38

• The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 0 three months ago

Press Release: ID:nRSI2491Oa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)