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GoldHaven Resources ( (TSE:GOH) ) has issued an announcement.
GoldHaven Resources Corp. has announced a clarification regarding its technical disclosure for the Magno and Copecal Projects following a review by the British Columbia Securities Commission. The company advises that the technical reports for these projects do not comply with NI 43-101 requirements, and readers should not rely on them until they are re-filed. Additionally, there is currently no mineral resource identified for the Magno Project.
Spark’s Take on TSE:GOH Stock
According to Spark, TipRanks’ AI Analyst, TSE:GOH is a Underperform.
GoldHaven Resources’ overall stock score is low due to severe financial distress marked by zero revenue, persistent losses, and negative cash flows. Technical indicators also suggest a bearish outlook with price weakness. Despite positive corporate initiatives to enhance exploration, the immediate financial and technical challenges dominate the stock’s assessment, resulting in a low overall score.
To see Spark’s full report on TSE:GOH stock, click here.
More about GoldHaven Resources
GoldHaven Resources Corp. is a company operating in the mining industry, focusing on exploration projects. Its primary projects include the Magno and Copecal Projects, which are aimed at mineral exploration and potential resource development.
Average Trading Volume: 57,345
Technical Sentiment Signal: Sell
Current Market Cap: C$4.1M
For a thorough assessment of GOH stock, go to TipRanks’ Stock Analysis page.
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