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Lodestar Battery Metals ( (TSE:LSTR) ) just unveiled an update.
Lodestar Metals has appointed veteran mining executive and geologist David Christie as chairman, elevating him from his existing director role to strengthen the board as the company advances its flagship Goldrun gold exploration project in Nevada. Christie brings nearly four decades of experience across exploration, mining finance, and corporate development, having led or participated in multiple successful mergers and acquisitions in the sector, and his appointment is intended to bolster Lodestar’s strategic execution, capital markets profile, and long‑term growth prospects. In conjunction with the leadership change, Lodestar granted 1.6 million stock options to directors, officers and consultants, aligning management and board incentives with shareholders as the company seeks to unlock value from its Nevada asset base.
The most recent analyst rating on (TSE:LSTR) stock is a Hold with a C$0.18 price target. To see the full list of analyst forecasts on Lodestar Battery Metals stock, see the TSE:LSTR Stock Forecast page.
Spark’s Take on TSE:LSTR Stock
According to Spark, TipRanks’ AI Analyst, TSE:LSTR is a Neutral.
The score is held back primarily by weak financial performance (no revenue and ongoing negative operating/free cash flow), partly offset by a low-debt balance sheet. Technicals are notably stronger, with price above major moving averages and positive momentum. Valuation appears optically inexpensive on P/E, and recent corporate events (financing and advancing drill plans) are supportive but do not fully offset the cash-burn risk.
To see Spark’s full report on TSE:LSTR stock, click here.
More about Lodestar Battery Metals
Lodestar Metals Corp. is a Canadian gold exploration company focused on advancing its drill-ready Goldrun Project in Nevada, situated on a major Carlin-style gold trend near some of North America’s largest gold deposits. Leveraging extensive geological and capital markets expertise, the company pursues a disciplined exploration strategy aimed at high-value targets, rapid follow-up on known mineralization, and the development of a compliant gold resource to generate long-term shareholder value.
Average Trading Volume: 80,174
Technical Sentiment Signal: Buy
Current Market Cap: C$6.55M
Find detailed analytics on LSTR stock on TipRanks’ Stock Analysis page.