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The latest update is out from EQTEC plc ( (GB:FORG) ).
Forgent plc has mobilised its exploration team for a maiden field programme at the newly acquired Green Rock Copper-Gold Project in Western Australia, where historical work has reported high-grade surface mineralisation of up to 46.7% copper and 5.31 g/t gold. The company aims to validate previous samples, conduct systematic infill and extension sampling, and refine its geological model across four key target areas to identify and prioritise drill targets.
The results of this initial campaign will underpin a potential maiden drilling programme slated for August 2026, marking a significant operational step in Forgent’s strategy to build exposure to copper and gold linked to the energy transition. Successful validation and extension of historical data could enhance the project’s perceived potential and strengthen Forgent’s position in the competitive Western Australian resources sector, with implications for future capital deployment and stakeholder interest.
The most recent analyst rating on (GB:FORG) stock is a Sell with a £0.06 price target. To see the full list of analyst forecasts on EQTEC plc stock, see the GB:FORG Stock Forecast page.
Spark’s Take on FORG Stock
According to Spark, TipRanks’ AI Analyst, FORG is a Neutral.
The score is primarily held down by weak financial performance (ongoing losses, leverage, and negative cash flow). Technicals add further pressure due to a persistent downtrend, while valuation provides limited support given the negative P/E and lack of dividend data.
To see Spark’s full report on FORG stock, click here.
More about EQTEC plc
Forgent plc, listed on AIM, positions itself as a technology-led energy transition company with a focus on copper and gold exploration. The company recently acquired a 99% interest in the Green Rock Copper-Gold Project in Western Australia’s Ashburton Basin, targeting high-grade mineralisation that could support future development in critical energy-transition metals.
Average Trading Volume: 173,101,969
Technical Sentiment Signal: Strong Sell
Current Market Cap: £3.17M
See more data about FORG stock on TipRanks’ Stock Analysis page.