Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Alerio Gold Corp ( (TSE:LGHT) ) just unveiled an update.
Lighthouse Gold Inc. has announced a non-brokered private placement of up to 10 million units at $0.07 per unit to raise as much as $700,000, with each unit consisting of one common share and half of a share purchase warrant exercisable at $0.13 for 18 months. The proceeds are earmarked for exploration and general working capital, with the financing—subject to customary regulatory approvals and a standard four-month-plus-one-day hold period—expected to close around January 29, 2026, providing additional funding support for the company’s Guyana-focused gold exploration portfolio.
Spark’s Take on TSE:LGHT Stock
According to Spark, TipRanks’ AI Analyst, TSE:LGHT is a Underperform.
Alerio Gold Corp’s overall stock score is heavily impacted by its poor financial performance, characterized by a lack of revenue, negative equity, and persistent cash outflows. While technical indicators show some potential upward momentum, the negative valuation metrics, particularly the negative P/E ratio, highlight significant risks. The company needs strategic restructuring to improve its financial health.
To see Spark’s full report on TSE:LGHT stock, click here.
More about Alerio Gold Corp
Lighthouse Gold Inc. is a mineral exploration and development company focused on acquiring and exploring gold properties in Guyana, South America, where it currently holds a 100% interest in two gold projects.
Average Trading Volume: 311,261
Technical Sentiment Signal: Buy
Current Market Cap: C$14.68M
Learn more about LGHT stock on TipRanks’ Stock Analysis page.