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Mayfair Gold ( (TSE:MFG) ) just unveiled an announcement.
Mayfair Gold Corp. has received approval to list its common shares on the NYSE American, where trading is scheduled to begin on January 27, 2026 under the ticker symbol “MINE,” while the company’s shares will continue to trade on the TSX Venture Exchange under the symbol “MFG” and will cease trading on the OTCQX, with no action required from shareholders. The U.S. listing marks a significant step in broadening Mayfair’s access to North American capital markets as it advances its Fenn-Gib gold project in Northern Ontario toward construction and potential future production, positioning the company to attract a wider investor base and potentially improve liquidity as it funds the next stages of project development.
The most recent analyst rating on (TSE:MFG) stock is a Hold with a C$5.50 price target. To see the full list of analyst forecasts on Mayfair Gold stock, see the TSE:MFG Stock Forecast page.
Spark’s Take on TSE:MFG Stock
According to Spark, TipRanks’ AI Analyst, TSE:MFG is a Neutral.
The score is primarily held back by weak financial performance (pre-revenue status, ongoing losses, and continued cash burn despite improvements). Technicals are supportive with a clear multi-timeframe uptrend and moderate momentum, while valuation remains challenged due to a negative P/E and no dividend yield. Corporate updates are positive for visibility and execution, but do not yet resolve the fundamental funding and profitability gap.
To see Spark’s full report on TSE:MFG stock, click here.
More about Mayfair Gold
Mayfair Gold Corp. is a Canadian gold development-stage company focused on advancing its 100%-owned Fenn-Gib Project in the Timmins region of Northern Ontario. A pre-feasibility study outlines the potential to develop Fenn-Gib into a new Canadian gold producer requiring initial development capital of C$450 million, with a projected payback period of 2.7 years and substantial cumulative free cash flow over the first six years of production at a US$3,100/oz gold price, as the company progresses permitting, detailed engineering and stakeholder engagement toward planned construction in 2028 and initial production in 2030.
Average Trading Volume: 56,702
Technical Sentiment Signal: Buy
Current Market Cap: C$353.4M
See more data about MFG stock on TipRanks’ Stock Analysis page.