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An announcement from LaFleur Minerals ( (TSE:LFLR) ) is now available.
LaFleur Minerals has engaged Bumigeme Inc. to conduct a valuation report on its Beacon Gold Mill in Val-d’Or, Québec, with the aim of funding and restarting the mill in the Abitibi gold belt, Canada’s largest gold-producing region. This valuation will assess the replacement value of the mill and tailings storage facility, considering recent upgrades and the current gold market environment. The report is expected to support financing initiatives, clarify the company’s intrinsic value, and facilitate additional permitting and work processes, positioning LaFleur Minerals to capitalize on anticipated record gold prices and investor demand.
The most recent analyst rating on (TSE:LFLR) stock is a Buy with a C$0.83 price target. To see the full list of analyst forecasts on LaFleur Minerals stock, see the TSE:LFLR Stock Forecast page.
More about LaFleur Minerals
LaFleur Minerals Inc. is a company focused on developing district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. The company is advancing its resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project spans approximately 16,600 hectares and includes several gold and critical metal prospects. The Beacon Gold Mill is fully refurbished, permitted, and capable of processing over 750 tonnes per day, positioned for processing mineralized material at Swanson and custom milling operations for nearby projects.
Average Trading Volume: 199,649
Technical Sentiment Signal: Buy
Current Market Cap: C$30.16M
For a thorough assessment of LFLR stock, go to TipRanks’ Stock Analysis page.