Harvest Gold Expands Mosseau Gold Project with New Claims

Harvest Gold ( (TSE:HVG) ) has provided an announcement.

Harvest Gold Corporation has expanded its Mosseau Gold Project in the Urban Barry Belt in Quebec by adding 25 new claims, increasing the project’s exploration footprint. This expansion, under an option agreement with Vior Inc., brings the total to 195 mineral claims covering 9,743.5 hectares, enhancing potential discoveries along the Kiask River Fault Zone. The addition of these claims is expected to strengthen Harvest Gold’s position in the gold exploration industry and provide further opportunities for stakeholders.

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 near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. The company has a team with over 400 years of collective geological and financing experience. Harvest Gold operates three active gold projects in the Urban Barry area, covering 377 claims over 20,016.87 hectares, and is committed to building positive relationships with local Indigenous communities.

Average Trading Volume: 220,810

Technical Sentiment Signal: Hold

Current Market Cap: C$4.45M

For detailed information about HVG stock, go to TipRanks’ Stock Analysis page.