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An announcement from GFG Resources ( (TSE:GFG) ) is now available.
GFG Resources reported new drilling results from its Phase 2-2025 program at the Aljo Gold Project on its Goldarm Property in the Timmins Gold District, highlighted by a broad intercept of 1.01 g/t gold over 51.5 metres including 6.36 g/t over 5.0 metres, along with several high-grade hits that confirm continuity and scale in the Hangingwall, Main and Footwall zones and the discovery of a new Footwall zone. The company says the results reinforce the robustness and expansion potential of the Aljo gold system, and, supported by a strong cash position, it plans an aggressive 2026 exploration campaign with continued infill and step-out drilling at Aljo and a larger regional program across Goldarm to grow resources and drive new discoveries, positioning GFG to benefit from a supportive gold price environment.
The most recent analyst rating on (TSE:GFG) stock is a Hold with a C$0.16 price target. To see the full list of analyst forecasts on GFG Resources stock, see the TSE:GFG Stock Forecast page.
Spark’s Take on TSE:GFG Stock
According to Spark, TipRanks’ AI Analyst, TSE:GFG is a Neutral.
The score is held back primarily by weak operating and cash-flow performance (no revenue and ongoing cash burn), partially offset by a strong low-leverage balance sheet and supportive recent corporate events (financing, asset sale, and positive exploration updates). Technicals and valuation appear broadly neutral.
To see Spark’s full report on TSE:GFG stock, click here.
More about GFG Resources
GFG Resources Inc. is a Canadian mineral exploration company focused on gold, with core activities in the prolific Timmins Gold District of Ontario. Through its Aljo Gold Project and broader Goldarm Property, the company is pursuing district-scale exploration aimed at defining and expanding multiple stacked gold zones in a well-established, infrastructure-rich mining camp.
Average Trading Volume: 183,093
Technical Sentiment Signal: Buy
Current Market Cap: C$46.89M
See more data about GFG stock on TipRanks’ Stock Analysis page.