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An update from Cub Energy ( (TSE:HMMC) ) is now available.
Hemlo Mining Corp. has expanded its senior leadership team with the appointments of veteran mining executive Garett Macdonald as Vice President, Operations and General Manager of the Hemlo Mine, and environmental specialist Perry Blanchard as Vice President, Sustainability, both reporting to Chief Operating Officer Eric Tremblay. The new hires, each bringing nearly three decades of operational, project development, and environmental and safety experience from roles at Maritime Resources, Kirkland Lake Gold, Vale and others, are intended to bolster operational expertise and sustainability oversight at the recently acquired Hemlo Gold Mine as the company works to optimize the asset and position itself for future growth in the mid-tier gold producer segment.
The most recent analyst rating on (TSE:HMMC) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Cub Energy stock, see the TSE:HMMC Stock Forecast page.
More about Cub Energy
Hemlo Mining Corp., formerly Carcetti Capital Corp., is a newly established Canadian mid-tier, growth-focused gold producer centered on the Hemlo Gold Mine in Ontario, acquired from Barrick Mining Corp. for up to US$1.1 billion. The Hemlo operation, located near Marathon, Ontario, has produced roughly 25 million ounces of gold from underground and open-pit mining since 1985, and the company aims to maximize the value of this existing infrastructure while pursuing aggressive brownfields exploration to cement its position in the Canadian gold sector.
Average Trading Volume: 488,958
Technical Sentiment Signal: Buy
Current Market Cap: C$1.6B
See more data about HMMC stock on TipRanks’ Stock Analysis page.