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55 North Mining Inc ( (TSE:FFF) ) has shared an announcement.
55 North Mining Inc. has secured full ownership of its Last Hope Gold Project in Manitoba after completing the required property payment, clearing the way for a new drilling campaign. The company is mobilizing a drill rig with plans to begin a 2025–2026 step-out drill program in mid-January, targeting extensions of known mineralization over roughly 800 metres of strike to expand the project’s resource footprint and refine its geological model. Results from this program are expected several weeks after drilling concludes and will feed into an updated mineral resource estimate planned for later in 2026, which could benefit from higher prevailing gold prices that may justify lower cut-off grades and a potentially larger reported resource, creating a series of near-term catalysts for investors and other stakeholders.
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, Canada. The company targets gold resources through drilling and resource-definition programs aimed at expanding and upgrading its project’s mineral inventory.
Average Trading Volume: 20,797
Technical Sentiment Signal: Hold
Current Market Cap: C$10.31M
For an in-depth examination of FFF stock, go to TipRanks’ Overview page.