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LaFleur Minerals ( (TSE:LFLR) ) just unveiled an announcement.
LaFleur Minerals reports solid progress on refurbishment and site upgrades at its Beacon Gold Mill in Val-d’Or, with key electrical, mechanical, and safety systems now largely upgraded or prepared for restart and structural integrity confirmed. With about 30% of the restart budget spent and costs under control, the company is positioning the fully permitted mill, tailings facility, and nearby Swanson Gold Deposit as a vertically integrated mine-to-mill platform for near-term gold production amid significantly higher gold prices.
Recent drilling at the Swanson Gold Deposit has demonstrated strong gold continuity, long mineralized intercepts, and narrow high-grade zones, as well as new shallow discoveries beyond the existing deposit footprint. These results reinforce Swanson’s potential as a scalable district-scale asset that could underpin long-term growth and enhance LaFleur’s strategic positioning within the Val-d’Or gold camp as it advances toward recommissioning and initial gold pour at Beacon.
The most recent analyst rating on (TSE:LFLR) stock is a Hold with a C$0.60 price target. To see the full list of analyst forecasts on LaFleur Minerals stock, see the TSE:LFLR Stock Forecast page.
Spark’s Take on TSE:LFLR Stock
According to Spark, TipRanks’ AI Analyst, TSE:LFLR is a Neutral.
The score is held down primarily by weak financial performance (no revenue, widening losses, and heavy negative free cash flow), indicating reliance on external funding. Technicals provide some support due to strong trend above key moving averages and a positive MACD, but overbought readings (high RSI) add near-term risk. Valuation contributes little support given the negative P/E and no dividend yield.
To see Spark’s full report on TSE:LFLR stock, click here.
More about LaFleur Minerals
LaFleur Minerals Inc. is a Canadian gold company focused on restarting production at its 100%-owned Beacon Gold Mill and advancing the Swanson Gold Deposit in the Val-d’Or mining camp of Québec’s Abitibi Greenstone Belt. The Beacon Mill, tailings pond, and associated infrastructure sit in a prolific gold district that has seen extensive historical production and hosts multiple operating and exploration-stage assets.
Average Trading Volume: 387,715
Technical Sentiment Signal: Buy
Current Market Cap: C$47.96M
See more data about LFLR stock on TipRanks’ Stock Analysis page.