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An announcement from Flynn Gold Ltd. ( (AU:FG1) ) is now available.
Flynn Gold reported further progress across its Tasmanian exploration portfolio for the December 2025 quarter, highlighted by additional diamond drilling at the Golden Ridge Project’s Double Event and Grenadier prospects, where shallow, high-grade gold intercepts reinforced the regional granodiorite-sediment contact as a priority target over a 9km strike length. The company also advanced work at its Mangana and Firetower projects, including inaugural diamond drilling at Mangana and resampling of historical Firetower core that delivered upgraded gold-tungsten-cobalt results, while securing drilling approvals at the Henty silver-lead-zinc project and strengthening its balance sheet with a $3 million rights issue and $2 million placement, leaving it with $3.453 million in cash to support its 2026 drilling programs and evaluation of open-pit potential amid record gold prices.
The most recent analyst rating on (AU:FG1) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Flynn Gold Ltd. stock, see the AU:FG1 Stock Forecast page.
More about Flynn Gold Ltd.
Flynn Gold Ltd is an Australian mineral exploration company focused on gold and base metals projects in Tasmania. Its portfolio includes the Golden Ridge, Mangana, Firetower and Henty projects, targeting high-grade gold as well as tungsten, cobalt, silver, lead and zinc mineralisation, with an emphasis on near-surface and historically mined areas that may offer open-pit and underground development opportunities.
Average Trading Volume: 1,206,695
Technical Sentiment Signal: Hold
Current Market Cap: A$14.61M
For detailed information about FG1 stock, go to TipRanks’ Stock Analysis page.