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The latest announcement is out from Cub Energy ( (TSE:HMMC) ).
Hemlo Mining Corp. has further strengthened its senior ranks with the appointment of veteran mining engineer Garett Macdonald as Vice President of Operations and General Manager of the Hemlo Mine, and sustainability specialist Perry Blanchard as Vice President of Sustainability, both reporting to Chief Operating Officer Eric Tremblay. By bringing in executives with decades of experience in mine operations, project development, and environmental and safety management — including leadership roles that saw projects move from concept through permitting to first production and acquisition — the company is bolstering operational and ESG expertise to support the ramp-up and optimization of its newly acquired Hemlo Gold Mine and underpin its ambitions as a leading Canadian mid-tier gold producer.
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 new Canadian mid-tier, growth-focused gold producer that recently acquired the long‑running Hemlo Gold Mine in Ontario from Barrick Mining Corp. for up to US$1.1 billion. The Hemlo operation, located near Marathon, Ontario, has produced about 25 million ounces of gold from underground and open pit mining since 1985, and the company aims to maximize the value of existing infrastructure while advancing aggressive brownfields exploration to build 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.