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The latest announcement is out from 1911 Gold ( (TSE:AUMB) ).
1911 Gold Corporation reported that 2025 marked its transformation into an advanced-stage gold developer with near-term production potential at its True North Gold Project in Manitoba, underpinned by successful underground re-entry, initial underground drilling, and a strengthened technical and management team. The company raised C$36.2 million across two financings, secured provincial grants to support drilling, achieved a 468% share price increase to a C$270 million market capitalization, and graduated to the OTCQX market in the U.S., while advancing an updated mineral resource estimate that will underpin an upcoming Preliminary Economic Assessment and a planned Pre-Feasibility Study and global resource update, positioning 1911 Gold for a potential mine restart and production restart target in 2027.
The most recent analyst rating on (TSE:AUMB) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on 1911 Gold stock, see the TSE:AUMB Stock Forecast page.
Spark’s Take on TSE:AUMB Stock
According to Spark, TipRanks’ AI Analyst, TSE:AUMB is a Neutral.
The score is held down primarily by very weak financial performance (zero revenue, large losses, and persistent cash burn). Technicals are neutral-to-mildly supportive versus longer-term moving averages, and corporate updates are broadly positive but include a regulatory financing hurdle. Valuation provides little support due to ongoing losses and no indicated dividend.
To see Spark’s full report on TSE:AUMB stock, click here.
More about 1911 Gold
1911 Gold Corporation is a Canadian gold company focused on advancing its 100%-owned True North Gold Project, a mine and mill complex in southeastern Manitoba. Operating in the precious metals mining and development industry, the company is transitioning from explorer to advanced-stage developer with a near-term production focus, targeting institutional and retail investors in Canada, the United States and Europe through listings on the TSXV, OTCQX and Frankfurt exchanges.
Average Trading Volume: 1,660,768
Technical Sentiment Signal: Buy
Current Market Cap: C$292.6M
Find detailed analytics on AUMB stock on TipRanks’ Stock Analysis page.