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LaFleur Minerals Moves Closer to Beacon Mill Restart With PEA Nearing Completion

Story Highlights
  • LaFleur advances technical work and PEA to restart gold production at Beacon Mill.
  • Recent financing and high gold prices support LaFleur’s move into scalable, revenue-generating operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LaFleur Minerals Moves Closer to Beacon Mill Restart With PEA Nearing Completion

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LaFleur Minerals ( (TSE:LFLR) ) has issued an update.

LaFleur Minerals has advanced key technical studies and recommissioning work to support the restart of gold production at its Beacon Gold Mill and the completion of a new Preliminary Economic Assessment for its Swanson Gold Deposit. With verification drilling completed, tailings facility expansion requirements being defined, and optimization plans to modernize and boost mill throughput, the company aims to leverage significantly higher gold prices and recent $7.8 million in financing to move from development into revenue-generating operations, strengthening its position as a capital-efficient, scalable gold producer in the Val-d’Or region.

The most recent analyst rating on (TSE:LFLR) stock is a Hold with a C$0.48 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 primarily held down by weak financial performance (no revenue, widening losses, and substantial negative operating/free cash flow), implying ongoing reliance on external funding. Technical indicators add a secondary headwind with generally weak momentum (negative MACD and below key moving averages). Valuation is also constrained by a negative P/E and no dividend yield data to offset profitability concerns.

To see Spark’s full report on TSE:LFLR stock, click here.

More about LaFleur Minerals

LaFleur Minerals Inc. is a gold-focused mining company with a vertically integrated, mine-to-mill model centered on its 100%-owned Swanson Gold Deposit and Beacon Gold Mill in the Abitibi Gold Belt near Val-d’Or, Québec. The Swanson project hosts both open-pit and underground NI 43-101 compliant mineral resources, while the fully permitted Beacon mill, currently rated at 750 tonnes per day and scalable, is positioned as a strategic regional processing hub benefiting from existing mining infrastructure and potential rail-enabled logistics.

Average Trading Volume: 251,468

Technical Sentiment Signal: Hold

Current Market Cap: C$35.42M

Learn more about LFLR stock on TipRanks’ Stock Analysis page.

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