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Analyst Lifts Tungsten Mining Valuation to 91c on Near-Term Production Study
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Analyst Lifts Tungsten Mining Valuation to 91c on Near-Term Production Study

MST raised its valuation for Tungsten Mining from 69c to 91c per share after a study indicated near-term production potential.

Analysts at MST have raised their valuation for Tungsten Mining from 69c to 91c per share, citing a study that points to near-term production potential. The research note highlights the project's progress toward active output, a significant milestone for a junior miner.

Tungsten is a critical industrial metal used in cutting tools, defence, and electronics. The upgraded target reflects improved confidence in the development timeline.

Why it mattersThe analyst upgrade and near-term production outlook could attract fresh investment to a critical materials sector that faces persistent supply concerns.

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