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An announcement from Magna Terra Minerals Inc ( (TSE:MTT) ) is now available.
Magna Terra Minerals reported high-grade copper and zinc assays from its 2025 regional prospecting program at the Rocky Brook Project in New Brunswick’s Bathurst Mining Camp, including copper grades up to 8.17% and zinc up to 3.70% from multiple trends and targets. The results, which outline new VMS-style and sediment-hosted copper targets along the Restigouche Trend, Boudreau Brook–Fossil Hill Trend, and Fournier Lake Gold Property, strengthen the case for additional copper-rich massive sulphide discoveries near the Caribou Mill Complex and bolster the company’s exploration pipeline for 2026, with potential strategic implications given the proximity to Canadian Copper Corp.’s Murray Brook Deposit and regional processing facilities.
The most recent analyst rating on (TSE:MTT) stock is a Sell with a C$0.12 price target. To see the full list of analyst forecasts on Magna Terra Minerals Inc stock, see the TSE:MTT Stock Forecast page.
Spark’s Take on TSE:MTT Stock
According to Spark, TipRanks’ AI Analyst, TSE:MTT is a Neutral.
The score is primarily constrained by weak financial performance (no revenue, recurring losses, and persistent cash burn despite some improvement), partially offset by a low-debt balance sheet and improved equity position. Technicals are modestly weak with negative MACD and the price below short-term averages, while valuation is hindered by losses (negative P/E) and no dividend yield support.
To see Spark’s full report on TSE:MTT stock, click here.
More about Magna Terra Minerals Inc
Magna Terra Minerals Inc. is a Toronto-based mineral exploration company focused on gold and base metal projects in Atlantic Canada, including the Rocky Brook Project in New Brunswick’s prolific Bathurst Mining Camp. The company targets volcanogenic massive sulphide (VMS) and other high-value mineral systems, leveraging geophysical data and AI-generated targets to identify new copper, zinc, and gold prospects within trucking distance of existing processing infrastructure.
Average Trading Volume: 109,566
Technical Sentiment Signal: Buy
Current Market Cap: C$14.56M
See more insights into MTT stock on TipRanks’ Stock Analysis page.