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Bravo Mining Corp. ( (TSE:BRVO) ) has provided an announcement.
Bravo Mining Corp. reported positive preliminary metallurgical results from incorporating Jameson Cell flotation technology into test work for its Luanga PGM+Au+Ni deposit in Brazil, following its earlier economic assessment. The Jameson Cell achieved significantly better performance than conventional flotation cells, with platinum group metal recoveries improving by 5–10%, nickel recoveries rising by 5–30%, and mass pull reduced by up to 50%, indicating potential for higher-grade concentrates, lower concentrate tonnage, and improved payabilities and operating costs. The company noted that these results, together with the global adoption of Jameson Cell technology in large-scale operations, support further evaluation as part of its ongoing pre-feasibility and metallurgical optimization program, with the aim of enhancing Luanga’s project economics and potentially reducing both capital and operating costs for a future flotation plant.
The most recent analyst rating on (TSE:BRVO) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Bravo Mining Corp. stock, see the TSE:BRVO Stock Forecast page.
Spark’s Take on TSE:BRVO Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRVO is a Neutral.
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and meaningful negative free cash flow), despite a conservative balance sheet. Technicals are comparatively strong with a clear uptrend and positive momentum indicators. Valuation is unattractive/less informative due to negative earnings, while recent corporate events add moderate strategic support through financing flexibility and project development progress.
To see Spark’s full report on TSE:BRVO stock, click here.
More about Bravo Mining Corp.
Bravo Mining Corp. is a mineral exploration and development company focused on its 100%-owned Luanga palladium, platinum, rhodium, gold and nickel deposit in Brazil’s Carajás Mineral Province, a major mining district. The company is advancing the Luanga PGM+Au+Ni project through economic studies and metallurgical optimization with a view to improving recoveries, concentrate quality and overall project economics in the global platinum group metals and nickel markets.
Average Trading Volume: 76,385
Technical Sentiment Signal: Buy
Current Market Cap: C$506.6M
For detailed information about BRVO stock, go to TipRanks’ Stock Analysis page.