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An announcement from Benton Resources ( (TSE:BEX) ) is now available.
Benton Resources has capped a busy 2025 by expanding its Newfoundland portfolio and reporting substantial drilling progress at its flagship Great Burnt and South Pond projects, where it has completed 26,637 metres of drilling since late 2023 and extended the Great Burnt copper deposit’s strike length to about 950 metres while delineating a 2.7 km-wide shallow gold-copper system at South Pond. The company has discovered a new VMS system, multiple new gold occurrences, and high-grade gold float in the area, acquired several strategic projects near Equinox Gold’s Valentine and Frank deposits, and secured additional ground along the Great Burnt trend, while remaining well funded with roughly $2.9 million in cash and $3.0 million in equities to support a large drilling program and geophysical survey planned for 2026, with metallurgical results from South Pond expected shortly.
Spark’s Take on TSE:BEX Stock
According to Spark, TipRanks’ AI Analyst, TSE:BEX is a Underperform.
Benton Resources’ stock is significantly weighed down by financial and valuation challenges, including zero revenue and ongoing losses. While the company’s strong equity and recent corporate strategies offer some hope, negative cash flows and weak technical indicators result in a low overall score.
To see Spark’s full report on TSE:BEX stock, click here.
More about Benton Resources
Benton Resources Inc. is a Canadian mineral exploration company focused on copper, gold, platinum, palladium, nickel and lithium projects, with a particular emphasis on advancing its Newfoundland assets such as the Great Burnt copper project and South Pond gold-copper zone. The company also maintains strategic equity positions and royalties in other exploration ventures, including Clean Air Metals’ Thunder Bay North project and the spun-out Vinland Lithium, giving it diversified exposure to high-demand battery and precious metals amid strong commodity prices.
Average Trading Volume: 206,083
Technical Sentiment Signal: Buy
Current Market Cap: C$21.95M
For an in-depth examination of BEX stock, go to TipRanks’ Overview page.