Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Lexington Gold ( (GB:LEX) ) is now available.
Lexington Gold has reported its interim consolidated results for the first half of 2025, highlighting significant operational progress and strategic developments. The company published a maiden JORC Exploration Target at its Bothaville Project and commenced a mining study for the Jelani JV Project. It also completed a follow-up drilling program at the Jennings-Pioneer Project in the USA, confirming significant extensions of mineralization. Financially, the company reported a net loss of US$0.4m for the period, with total assets of US$16.9m. The company also enhanced its market presence by commencing trading on the OTCQB in the US, broadening investor access and liquidity.
More about Lexington Gold
Lexington Gold is a gold exploration and development company with projects in South Africa and the USA. The company holds interests in several diverse gold projects, covering a significant area in both regions. It focuses on exploring and developing gold resources, with a market presence in both the AIM and OTCQB markets.
Average Trading Volume: 258,944
Technical Sentiment Signal: Buy
Current Market Cap: £17.41M
Learn more about LEX stock on TipRanks’ Stock Analysis page.