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Bluejay Mining ( (GB:80M) ) has provided an update.
80 Mile Plc reported that shareholders at its adjourned general meeting have approved the audited accounts for the year ended 31 December 2024, with an overwhelming majority of votes cast in favour of the resolution. The formal approval of the financial statements provides governance clarity and supports the company’s efforts to advance its diversified portfolio of mining and energy projects in Greenland and Italy, underpinning its broader strategy to strengthen its position in critical metals and energy markets.
The most recent analyst rating on (GB:80M) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Bluejay Mining stock, see the GB:80M Stock Forecast page.
Spark’s Take on GB:80M Stock
According to Spark, TipRanks’ AI Analyst, GB:80M is a Neutral.
The score is primarily held back by weak financial performance: no revenue, widening losses, and sustained negative operating/free cash flow, only partially offset by low leverage. Technical indicators add a modestly negative bias (below the 50-day MA with negative MACD), while valuation is also constrained by a negative P/E and no dividend yield support.
To see Spark’s full report on GB:80M stock, click here.
More about Bluejay Mining
80 Mile Plc is an exploration and development company focused on high‑grade critical metals and energy assets in Tier 1 jurisdictions, listed on AIM in London, the Frankfurt Stock Exchange and the U.S. OTC market. Its portfolio includes multiple projects in Greenland targeting base and precious metals, notably the Disko-Nuussuaq nickel-copper-cobalt-PGE project and the fully owned Dundas Ilmenite Project, as well as an expanding industrial gas and biofuels business in Italy. Through the acquisition of White Flame Energy and the Jameson licences in East Greenland, 80 Mile has also gained exposure to a significant undrilled hydrocarbon basin, complementing its strategy to balance conventional and sustainable energy opportunities via partnerships and strategic acquisitions.
Average Trading Volume: 33,093,229
Technical Sentiment Signal: Hold
Current Market Cap: £23.55M
See more data about 80M stock on TipRanks’ Stock Analysis page.