Dios Exploration Adds Veteran Mining Engineer Luc Gervais to Board

An update from Dios Exploration ( (TSE:DOS) ) is now available.

Dios Exploration has strengthened its board with the appointment of veteran mining engineer Luc Gervais as director, adding more than four decades of experience in engineering, construction and maintenance in the mining and metallurgical sectors, including leadership roles with metallurgical producers, contractors and engineering consulting firms in Canada and abroad. The company has granted Gervais 125,000 incentive stock options at $0.07 per share for five years under its stock option plan, while long-time board member Aline Leclerc is stepping down from the board but will remain as a technical advisor, a move that maintains her technical input as Dios advances its gold exploration activities in Quebec.

The most recent analyst rating on (TSE:DOS) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Dios Exploration stock, see the TSE:DOS Stock Forecast page.

Spark’s Take on TSE:DOS Stock

According to Spark, TipRanks’ AI Analyst, TSE:DOS is a Neutral.

The score is held down primarily by weak financial performance (no revenue, large recent loss, and ongoing cash burn implying funding/dilution risk). Technicals provide some support via a strong trend above moving averages, but the very overbought RSI raises near-term downside risk. Valuation is also constrained by negative earnings and no dividend support.

To see Spark’s full report on TSE:DOS stock, click here.

More about Dios Exploration

Dios Exploration inc. is a Canadian mining exploration company listed on the TSX Venture Exchange, focused on developing the Au33 Gold Project (Heberto) in the James Bay region of Quebec, with its activities centered on early-stage gold exploration and project advancement.

Average Trading Volume: 169,136

Technical Sentiment Signal: Hold

Current Market Cap: C$4.43M

For an in-depth examination of DOS stock, go to TipRanks’ Overview page.