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The latest announcement is out from Gold Terra Resource ( (TSE:YGT) ).
Gold Terra Resource Corp. has launched its Winter 2026 diamond drilling campaign at the Yellowknife Project, deploying four rigs to expand and upgrade mineralization in the Yellorex Zone along the Campbell Shear near the historic Con Mine and to test additional high-grade gold targets in the Northbelt, including the Mispickel area. The company has also secured a renewed five-year land use permit and a seven-year water licence, along with updated reclamation security, ensuring regulatory support for sustained exploration activity, while bolstering its capital markets profile through a one-year investor relations agreement with Soar Financial Partners and issuing a total of 3.6 million stock options to directors, officers, employees, consultants, and Soar, underscoring its longer-term commitment to resource growth and shareholder engagement.
The most recent analyst rating on (TSE:YGT) stock is a Hold with a C$0.20 price target. To see the full list of analyst forecasts on Gold Terra Resource stock, see the TSE:YGT Stock Forecast page.
Spark’s Take on TSE:YGT Stock
According to Spark, TipRanks’ AI Analyst, TSE:YGT is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn) and limited valuation support due to negative earnings. These are partially offset by positive technical momentum and supportive corporate events that strengthen near-term funding for exploration.
To see Spark’s full report on TSE:YGT stock, click here.
More about Gold Terra Resource
Gold Terra Resource Corp. is a Canadian mineral exploration company focused on advancing its Yellowknife Project in the Northwest Territories, targeting high-grade gold mineralization in and around the historic Con Mine area and the Northbelt region. The company operates in the gold mining exploration industry, aiming to grow resources near existing infrastructure just north of the town of Yellowknife, a historically significant gold-producing district.
Average Trading Volume: 628,814
Technical Sentiment Signal: Buy
Current Market Cap: C$80.67M
For detailed information about YGT stock, go to TipRanks’ Stock Analysis page.