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
Lion One Metals ( (TSE:LIO) ) has provided an announcement.
Lion One Metals announced high-grade gold discoveries from its underground infill and grade control drilling at the Tuvatu Gold Mine in Fiji, with significant intercepts such as 99.13 g/t gold over 3.3 meters and 218.31 g/t gold over 1.2 meters. The results, which demonstrate strong vertical continuity and proximity to existing mine workings, are expected to be incorporated into the mine plan within the next three to twelve months, enhancing the project’s operational potential and reinforcing its positioning in the gold mining industry.
The most recent analyst rating on (TSE:LIO) stock is a Hold with a C$0.27 price target. To see the full list of analyst forecasts on Lion One Metals stock, see the TSE:LIO Stock Forecast page.
Spark’s Take on TSE:LIO Stock
According to Spark, TipRanks’ AI Analyst, TSE:LIO is a Neutral.
Lion One Metals faces significant challenges in profitability and cash flow, which are reflected in its low financial performance score. Technical indicators show neutral momentum, providing some stability but no strong upward trend. The negative P/E ratio highlights valuation concerns. Overall, the stock’s score is primarily impacted by its financial struggles and valuation issues.
To see Spark’s full report on TSE:LIO stock, click here.
More about Lion One Metals
Lion One Metals is a mineral exploration and development company specializing in gold mining. The company operates the Tuvatu Alkaline Gold Project in Fiji, focusing on high-grade gold deposits through underground mining and exploration efforts.
Average Trading Volume: 1,262,757
Technical Sentiment Signal: Sell
Current Market Cap: C$108.8M
See more data about LIO stock on TipRanks’ Stock Analysis page.