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An update from Landore Resources ( (GB:LND) ) is now available.
Landore Resources has announced that work to finalise updated Mineral Resource Estimates for its BAM Gold Project and the B4-7 and VW deposits is close to completion, with publication expected by the end of the week. Trading in the company’s ordinary shares on AIM will remain suspended until the updated resource figures are released, leaving investors awaiting new data that could influence the perceived value and development trajectory of Landore’s key projects.
The most recent analyst rating on (GB:LND) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Landore Resources stock, see the GB:LND Stock Forecast page.
Spark’s Take on GB:LND Stock
According to Spark, TipRanks’ AI Analyst, GB:LND is a Neutral.
The score is driven primarily by weak financial performance (no revenue, ongoing losses, and sustained cash burn), indicating continued reliance on external funding despite having no debt. Technical indicators also lean bearish with negative MACD and the price below key moving averages, while valuation is hard to support due to negative earnings and no dividend yield data.
To see Spark’s full report on GB:LND stock, click here.
More about Landore Resources
Landore Resources Limited is a mineral exploration and development company listed on AIM in London, focused on advancing its BAM Gold Project and associated B4-7 and VW deposits. The company operates in the mining and natural resources sector, with its primary activities centred on defining and updating mineral resource estimates to progress its gold and base metals assets for future development and potential production.
Average Trading Volume: 1,483,932
Technical Sentiment Signal: Sell
Current Market Cap: £13.37M
See more insights into LND stock on TipRanks’ Stock Analysis page.