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Forge Resources ( (TSE:FRG) ) has issued an update.
Forge Resources Corp. announced that assay results from its 2025 drill program are still pending due to laboratory backlogs. Initial results from the Payoff Zone indicate high-grade gold mineralization, with significant gold concentrations reported in some core samples. The delays in receiving complete assay results could impact the company’s operational timelines and stakeholder expectations.
The most recent analyst rating on (TSE:FRG) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on Forge Resources stock, see the TSE:FRG Stock Forecast page.
More about Forge Resources
Forge Resources Corp. is a Canadian-listed junior exploration company focused on the Alotta project, a porphyry copper-gold-molybdenum project in the Yukon Territory, Canada. The company also holds an 80% interest in Aion Mining Corp., which is developing the La Estrella coal project in Colombia.
Average Trading Volume: 184,750
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$59.5M
See more insights into FRG stock on TipRanks’ Stock Analysis page.