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55 North Mining Strengthens Board, Names Wayne Parsons Executive Chair to Advance Last Hope Gold Project

Story Highlights
  • 55 North Mining has named experienced mining financier Wayne Parsons as Executive Chair effective January 1, 2026.
  • The appointment is intended to strengthen leadership and improve access to capital as 55 North advances its Last Hope Gold Project toward development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
55 North Mining Strengthens Board, Names Wayne Parsons Executive Chair to Advance Last Hope Gold Project

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55 North Mining Inc ( (TSE:FFF) ) has provided an announcement.

55 North Mining Inc. has appointed veteran mining-focused capital markets adviser Wayne Parsons as Executive Chair of the Board, effective January 1, 2026, as it works to advance its Last Hope Gold Project in Manitoba. With more than two decades of experience at major Canadian financial institutions and a track record of recapitalizing and supporting mining projects, Parsons is expected to bolster the company’s leadership bench and enhance its ability to secure financing and strategic relationships, a move that could be pivotal in progressing the Last Hope project from exploration toward development and future production.

The most recent analyst rating on (TSE:FFF) stock is a Hold with a C$0.41 price target. To see the full list of analyst forecasts on 55 North Mining Inc stock, see the TSE:FFF Stock Forecast page.

Spark’s Take on TSE:FFF Stock

According to Spark, TipRanks’ AI Analyst, TSE:FFF is a Neutral.

Overall score is held down primarily by very weak financial performance (no revenue, ongoing losses, negative free cash flow, and negative equity). Technicals add additional pressure with negative MACD and price below key moving averages, while valuation is not supportive due to a negative P/E driven by losses.

To see Spark’s full report on TSE:FFF stock, click here.

More about 55 North Mining Inc

55 North Mining Inc. is a Canadian mineral exploration and development company focused on advancing its high‑grade Last Hope Gold Project in Manitoba, positioning itself within the gold sector as it moves the asset toward potential development and production.

Average Trading Volume: 18,859

Technical Sentiment Signal: Buy

Current Market Cap: C$10.56M

For a thorough assessment of FFF stock, go to TipRanks’ Stock Analysis page.

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