Currently, the analyst consensus on Stanmore Resources Ltd is a Strong Buy with an average price target of A$4.45, implying a 43.55% upside from current levels. In a report released yesterday, Ord Minnett also maintained a Buy rating on the stock with a A$4.40 price target.

The company has a one-year high of A$4.22 and a one-year low of A$2.56. Currently, Stanmore Resources Ltd has an average volume of 1.61M.

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Stanmore Resources Ltd (SMR) Company Description:

Stanmore Resources Ltd is an Australian resources company with operations and exploration projects in the Bowen and Surat Basins. Its foundation asset is the Isaac Plains Complex that comprises current open-cut operations at Isaac Plains East and the Isaac Downs Open Cut, as well as the Isaac Plains Underground development project.