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G2 Goldfields Inc ( (TSE:GTWO) ) has shared an announcement.
G2 Goldfields reported new diamond drilling results from its OKO Project in Guyana that further expand and confirm high-grade gold mineralisation both near surface and at depth, particularly in the Ghanie and Border zones. The latest 16-hole, 5,997-metre program delivered notable intercepts, including 39.3 g/t gold over 2.7 metres at the Border Zone and a deep 50-metre interval grading 2.4 g/t gold, including 23.5 metres at 4.0 g/t, in hole GDD256A, which is now the deepest intercept on the project and supports the geological model’s prediction of strong down-plunge continuity. With five drill rigs now committed to expanding these gold zones and additional assays pending from ongoing greenfields exploration, the results underscore the potential to grow the existing resource base, extend mine life beyond current estimates, and enhance the project’s economic and strategic significance for both the company and Guyana.
The most recent analyst rating on (TSE:GTWO) stock is a Hold with a C$6.50 price target. To see the full list of analyst forecasts on G2 Goldfields Inc stock, see the TSE:GTWO Stock Forecast page.
Spark’s Take on TSE:GTWO Stock
According to Spark, TipRanks’ AI Analyst, TSE:GTWO is a Neutral.
The score is primarily constrained by weak financial performance—large and worsening losses alongside significant cash burn—despite a debt-free, well-capitalized balance sheet. Technicals are supportive with a strong uptrend, but overbought indicators temper the near-term setup. Valuation is challenged by negative earnings and no dividend, while positive corporate developments (PEA and planned spin-out) provide a meaningful offset.
To see Spark’s full report on TSE:GTWO stock, click here.
More about G2 Goldfields Inc
G2 Goldfields Inc. is a Canadian mineral exploration company focused on discovering and advancing high-grade gold deposits, with its flagship OKO Project located in Guyana. The company is targeting a combined open-pit and underground mining operation, as outlined in a recent preliminary economic assessment, positioning OKO as a long-life, mid-scale gold producer that could become a significant contributor to Guyana’s resource-driven economy.
Average Trading Volume: 274,764
Technical Sentiment Signal: Buy
Current Market Cap: C$1.66B
For an in-depth examination of GTWO stock, go to TipRanks’ Overview page.