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Harvest Gold ( (TSE:HVG) ) has provided an announcement.
Harvest Gold Corporation has announced the expansion of the mineralization corridor along the Kiask River Fault at its Mosseau project in Quebec. The recent field program confirmed the presence of gold-bearing structures and identified new zones of mineralization, extending the known mineralized trends. This expansion increases the potential scale of the system and will guide future drilling efforts. The project, located in the Urban-Barry greenstone belt, shows strong potential for further exploration, with much of the area remaining underexplored. The results from this program will inform the planning of an upcoming drill program in 2025.
Spark’s Take on TSE:HVG Stock
According to Spark, TipRanks’ AI Analyst, TSE:HVG is a Neutral.
Harvest Gold’s overall stock score of 52 reflects a challenging financial situation with no revenue and ongoing losses. However, positive technical indicators and strategic corporate events provide some optimism. The stock’s unattractive valuation further limits its appeal. Improvements in financial performance and successful exploration outcomes are needed for a more favorable stock outlook.
To see Spark’s full report on TSE:HVG stock, click here.
More about Harvest Gold
Harvest Gold Corporation is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. The company has three active gold projects in the Urban Barry area, covering 377 claims over 20,016.87 hectares. Harvest Gold is committed to building positive relationships with local Indigenous communities.
Average Trading Volume: 222,829
Technical Sentiment Signal: Buy
Current Market Cap: C$3.81M
See more insights into HVG stock on TipRanks’ Stock Analysis page.