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The latest update is out from Manhattan Corporation ( (AU:MHC) ).
Manhattan Gold Corporation’s December 2025 quarterly report highlights strong assay results from initial fieldwork at its Hook Lake Gold Project in Nunavut, confirming high-grade gold at the Jaws deposit and promising mineralisation at multiple nearby prospects including Vesper, Quantum, Lotus, Skyfall, Defender, Moonraker and Silva. The results, which include standout grades in gold, silver, zinc and copper, underscore the district-scale polymetallic potential of the company’s Canadian portfolio, while a delayed but imminent high‑resolution aeromagnetic survey is expected to refine drill targets ahead of a planned April 2026 drilling campaign, potentially enhancing the project’s growth profile. In parallel, farm-in partner Novo Resources continues to advance the high-grade Northern Tenements at the Tibooburra Gold Project with encouraging rock chip samples, and Manhattan has streamlined its asset base by divesting the L3 Lithium Project in Nova Scotia, signalling a clearer strategic focus on high-grade gold and polymetallic opportunities.
The most recent analyst rating on (AU:MHC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Manhattan Corporation stock, see the AU:MHC Stock Forecast page.
More about Manhattan Corporation
Manhattan Gold Corporation Limited is an ASX-listed exploration company focused on gold and polymetallic deposits, with key projects in Nunavut, Canada and the Tibooburra Gold Project in Australia. Its portfolio includes the Hook Lake Gold Project hosting high-grade orogenic gold and volcanogenic massive sulphide (VMS) prospects, with additional exposure to banded iron formation (BIF)-hosted gold systems and polymetallic mineralisation across a broad regional landholding.
Average Trading Volume: 1,484,586
Technical Sentiment Signal: Sell
Current Market Cap: A$14.6M
For an in-depth examination of MHC stock, go to TipRanks’ Overview page.