Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Cora Gold ( (GB:CORA) ).
Cora Gold has reported further progress at its Sanankoro project, where a 2024 mineral resource estimate confirmed more than 1 million ounces of gold and a 2025 definitive feasibility study outlined a 26% increase in reserves, robust economics and strong cash-flow potential. The year also saw fresh exploration success in Senegal and board changes, as well as equity raisings to move Sanankoro towards construction readiness.
Since year-end, Cora has secured a £15.7 million equity financing led by Singapore-based Eagle Eye, which has become its largest shareholder and a strategic partner in Mali. The company has also agreed a conditional US$120 million gold stream with Eagle Eye, giving a clear pathway to funding Sanankoro’s development, while it advances permitting and prepares for its 2026 AGM, where shareholders are urged to vote by proxy and may follow proceedings online.
More about Cora Gold
Cora Gold Limited is a West Africa-focused gold exploration and development company listed on AIM in London. Its flagship asset is the Sanankoro Gold Project in Mali, complemented by exploration interests including Madina Foulbé in Senegal, with the group targeting oxide gold deposits and near-term development opportunities in the region.
Average Trading Volume: 504,486
Technical Sentiment Signal: Buy
Current Market Cap: £73.45M
For an in-depth examination of CORA stock, go to TipRanks’ Overview page.