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Great Pacific Gold Awards Equity Incentives to Support PNG Exploration Push

Story Highlights
  • Great Pacific Gold granted stock options and RSUs to management, employees and consultants under its annual long-term incentive plan.
  • The equity awards aim to align GPAC’s core team with the long-term success of its flagship Wild Dog Project and broader PNG exploration portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Great Pacific Gold Awards Equity Incentives to Support PNG Exploration Push

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An update from Great Pacific Gold ( (TSE:GPAC) ) is now available.

Great Pacific Gold has granted 3,610,000 stock options and 3,030,000 restricted share units under its annual long-term incentive plan to officers, directors, key employees and consultants. The options are exercisable at $0.45 for five years and the RSUs expire in three years, with both instruments vesting in two equal tranches on the first and second anniversaries of the grant date. Management says the security-based awards are intended to align the core team with the long-term execution and success of its exploration programs, particularly at the flagship Wild Dog Project, underscoring GPAC’s focus on retaining and incentivizing talent as it advances an intensive multi-year drilling and exploration agenda across its Papua New Guinea portfolio.

The most recent analyst rating on (TSE:GPAC) stock is a Hold with a C$0.40 price target. To see the full list of analyst forecasts on Great Pacific Gold stock, see the TSE:GPAC Stock Forecast page.

Spark’s Take on TSE:GPAC Stock

According to Spark, TipRanks’ AI Analyst, TSE:GPAC is a Neutral.

The score is primarily constrained by weak financial performance (pre-revenue, widening losses, and worsening cash burn) despite a low-debt balance sheet. Technicals are mixed-to-weak with negative MACD and price below key short/mid-term averages, while valuation is difficult to justify on earnings due to ongoing losses and no dividend support.

To see Spark’s full report on TSE:GPAC stock, click here.

More about Great Pacific Gold

Great Pacific Gold Corp. is a Canadian exploration company focused on developing gold-copper projects in Papua New Guinea. Its flagship Wild Dog Project in East New Britain targets a large-scale epithermal system and adjacent porphyry prospect, while the Kesar and Arau projects in the Eastern Highlands sit contiguous to K92 Mining’s tenements and host multiple high-grade epithermal and porphyry-style targets. The company also holds the Tinga Valley Project, positioning GPAC as an early-stage player seeking to build a leading gold-copper development portfolio in PNG.

YTD Price Performance: -10.11%

Average Trading Volume: 162,110

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$60.92M

See more data about GPAC stock on TipRanks’ Stock Analysis page.

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