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Exploits Discovery ( (TSE:NFLD) ) has provided an update.
Exploits Discovery Corp. has completed the sale of its mineral claims in Newfoundland to New Found Gold Corp., gaining approximately $11 million in value for its shareholders through equity and royalty. This transaction allows Exploits to focus on its gold projects in Québec and Ontario, which hold around 680,000 ounces of historical gold resources. The company is now strategically positioned to advance these projects with a strong technical team and a clear plan for exploration success, aiming to create shareholder value through discovery and resource growth.
The most recent analyst rating on (TSE:NFLD) stock is a Buy with a C$0.10 price target. To see the full list of analyst forecasts on Exploits Discovery stock, see the TSE:NFLD Stock Forecast page.
More about Exploits Discovery
Exploits Discovery Corp. is a Canadian gold exploration company focused on expanding its gold resources in Québec and Ontario. The company holds a strategic equity position and royalty exposure to New Found Gold in Newfoundland. Its portfolio includes advanced-stage gold projects such as Fenton, Wilson, and Benoist in Québec, and the Hawkins Gold Project in Ontario. Exploits aims to unlock district-scale potential through systematic exploration and strategic partnerships.
Average Trading Volume: 371,250
Technical Sentiment Signal: Hold
Current Market Cap: C$11.1M
See more insights into NFLD stock on TipRanks’ Stock Analysis page.