Landore Resources Adds SP Angel as Nominated Adviser and Joint Broker

An announcement from Landore Resources ( (GB:LND) ) is now available.

Landore Resources has appointed SP Angel Corporate Finance as its nominated adviser and joint broker, strengthening its advisory and capital markets support on London’s AIM market, while Hannam & Partners will continue in its role as joint broker. The move is aimed at enhancing investor engagement and market positioning as the company advances its flagship BAM Gold Project and seeks to unlock value from its wider portfolio of precious and battery metals assets in North America.

Spark’s Take on LND Stock

According to Spark, TipRanks’ AI Analyst, LND is a Neutral.

The score is weighed down primarily by weak financial performance (no revenue, sustained losses, and ongoing cash burn) and a bearish technical setup (price below all key moving averages with negative MACD). The lack of debt and improved equity provide some balance-sheet support, but valuation metrics are not meaningful due to negative earnings and there is no dividend yield data.

To see Spark’s full report on LND stock, click here.

More about Landore Resources

Landore Resources Limited is a mineral exploration and development company listed on London’s AIM market, focused on the BAM Gold Project in northwestern Ontario, Canada. The company owns 100% of this highly prospective asset, which hosts an independently estimated mineral resource and sits in Ontario, Canada’s largest gold-producing province, while also seeking value from a portfolio of precious and battery metals projects in eastern Canada and the U.S.

Average Trading Volume: 1,171,376

Technical Sentiment Signal: Sell

Current Market Cap: £7.99M

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