Dacian Gold Ltd traded at 0.29 this Thursday November 9th, decreasing 0.01 or 1.72 percent since the previous trading session. Looking back, over the last four weeks, Dacian Gold lost 128.00 percent. Over the last 12 months, its price rose by 96.55 percent. Looking ahead, we forecast Dacian Gold Ltd to be priced at 0.28 by the end of this quarter and at 0.26 in one year, according to Trading Economics global macro models projections and analysts expectations.
Dacian Gold Limited is an Australia-based company, which operates as a mid-tier gold producer. The Company is engaged in gold mining, processing, and exploration at the Mt Morgans Gold Operation (MMGO). MMGO is located 25-kilometer (km) west of Laverton and approximately 750km north-east of Perth in Western Australia. The Company holds a 1,300 square kilometer tenement package comprising predominantly granted mining leases within the LeonoraLaverton gold district. MMGO tenements are located within the North-Eastern Goldfields Province of the Archaean Yilgarn Craton and cover a portion of the gold prospective Laverton Tectonic Zone. The Company is also engaged in mineral resource development of the Redcliffe Gold Project. The Company has several exploration targets, including, Underground Targets, which include Phoenix Ridge high-grade deposit, Transvaal Deposit, Craic Deposit, Westralia Deposit, Cameron Well syenite target, Mt McKenzie target, McKenzie Well target, and others.