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Freeman Gold Corp ( (TSE:FMAN) ) just unveiled an update.
Freeman Gold Corp. has successfully completed its 2025 metallurgical testwork program for the Lemhi Gold Project, confirming a simple and low-risk processing method with high gold recoveries. The results, independently reviewed, demonstrate gold leach extraction rates averaging 95.4% and highlight the project’s potential for economic robustness with moderate reagent use and soft ore characteristics. The company plans to integrate these findings into ongoing engineering and mine planning to further advance the project.
Spark’s Take on TSE:FMAN Stock
According to Spark, TipRanks’ AI Analyst, TSE:FMAN is a Neutral.
Freeman Gold Corp’s stock score is driven by a strong balance sheet and positive corporate developments, suggesting potential for future growth. However, financial performance challenges and valuation constraints weigh on the overall score. The upward technical momentum and strategic corporate events offer optimism, but the company’s immediate revenue and cash flow issues require resolution to improve its financial outlook.
To see Spark’s full report on TSE:FMAN stock, click here.
More about Freeman Gold Corp
Freeman Gold Corp. is a mineral exploration company focused on developing its 100% owned Lemhi Gold property in Idaho, USA. The project spans 30 square kilometers and hosts a significant near-surface oxide gold resource. The company aims to advance the project towards a production decision, with a current mineral resource estimate of 988,100 ounces of gold in measured and indicated categories, and 256,000 ounces in the inferred category.
Average Trading Volume: 474,758
Technical Sentiment Signal: Buy
Current Market Cap: C$58.45M
Find detailed analytics on FMAN stock on TipRanks’ Stock Analysis page.