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An update from Abitibi Metals ( (TSE:AMQ) ) is now available.
Abitibi Metals has reported significant resource growth and high-grade drilling results at its B26 Deposit, with a 62% increase in Indicated resources and a 63% rise in Inferred resources. The company completed extensive exploration activities in 2024, including 30,000 metres of drilling, and maintains a robust financial position with plans for a fully funded 20,000-metre drill program in 2025, aiming for further resource expansion and new discoveries.
More about Abitibi Metals
Abitibi Metals Corp. operates within the mining industry, focusing on the exploration and development of polymetallic copper and gold deposits. The company is engaged in resource growth and expansion, particularly at its B26 Deposit, and is known for its strategic execution and shareholder-aligned value creation.
YTD Price Performance: -5.24%
Average Trading Volume: 31,411
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $7.88M
For a thorough assessment of AMQ stock, go to TipRanks’ Stock Analysis page.