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CopAur Minerals ( (TSE:CPAU) ) has issued an announcement.
CopAur Minerals has awarded Denver-based Global Resource Engineering a contract to prepare a NI 43-101 compliant Preliminary Economic Analysis for its Kinsley Mountain Gold Project in Nevada, following a competitive bidding process among engineering firms experienced in gold heap leach projects in the state. The PEA, which will update a 2021 technical report and incorporate a new geological model being developed by APEX Geoscience, is expected to be completed by late March or early April, marking a key step in advancing Kinsley Mountain toward potential development and refining the project’s economic and technical parameters for stakeholders.
The most recent analyst rating on (TSE:CPAU) stock is a Hold with a C$0.16 price target. To see the full list of analyst forecasts on CopAur Minerals stock, see the TSE:CPAU Stock Forecast page.
Spark’s Take on TSE:CPAU Stock
According to Spark, TipRanks’ AI Analyst, TSE:CPAU is a Neutral.
The score is held down primarily by very weak financial performance (no revenue, ongoing losses, and negative free cash flow), partially offset by a debt-free balance sheet. Technicals are moderately supportive with price trending above major moving averages, while valuation remains constrained due to negative earnings and no dividend.
To see Spark’s full report on TSE:CPAU stock, click here.
More about CopAur Minerals
CopAur Minerals is a mine development company focused on advancing gold projects in Nevada’s emerging, mineral-rich regions. Its flagship asset is the Kinsley Mountain Gold Project, a Carlin-style gold deposit located in eastern Nevada, approximately 80 km south-southwest of West Wendover.
Average Trading Volume: 151,100
Technical Sentiment Signal: Buy
Current Market Cap: C$18.68M
See more data about CPAU stock on TipRanks’ Stock Analysis page.