Appia Rare Earths & Uranium Corp. has announced exceptional drilling results from its PCH project in Brazil, showing increases in TREO and Niobium oxide grades by 19% and 23%, respectively. The stock has increased by 53.33% year-to-date, maintaining a buy consensus rating and a market cap of C$17.59 million.
Appia Rare Earths & Uranium Corp. has released outstanding geochemical assay results from its diamond drilling program at the PCH project located in Goias, Brazil. The assays indicate high concentrations of Total Rare Earth Oxide (TREO), Niobium Oxide, and Phosphate Oxide, especially within the carbonatitic breccia zone. Notably, the average TREO and Niobium grades improved by 19% and 23%, respectively, when compared to earlier reports. These high-grade mineralization results have emerged as some of the top intercepts recorded over the past year, highlighting the project’s potential to enhance Appia’s market standing and attract stakeholder interest.
Appia Rare Earths & Uranium Corp. is actively involved in the mining sector, concentrating on the exploration and development of rare earth elements and uranium. The company is dedicated to projects that focus on high-grade mineralization, especially concerning rare earth oxides and related minerals.
Regarding year-to-date performance, the stock has shown an impressive increase of 53.33%. The average trading volume stands at 72,549, with a Technical Sentiment Consensus Rating classified as a Buy. The current market capitalization of Appia is reported at C$17.59 million. For a thorough analysis of API stock, refer to TipRanks’ Stock Analysis page.
The recent assay results from Appia Rare Earths & Uranium Corp. at the PCH project in Brazil indicate significant enhancements in key mineral grades, positioning the company favorably within the mining industry. With a strong focus on high-grade rare earth elements, the positive market sentiment and substantial price performance underscore Appia’s potential for growth and increased stakeholder engagement.
Original Source: www.tipranks.com