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Millennial Potash ( (TSE:MLP) ) has provided an update.
Millennial Potash Corp. has filed an updated National Instrument 43-101 compliant technical report for the North Target of its Banio Potash Project in Gabon, detailing a new mineral resource estimate effective November 11, 2025. The updated estimate, prepared by ERCOSPLAN and approved by qualified persons, outlines measured and indicated resources totaling approximately 2.45 billion tonnes grading 15.61% KCl, plus an inferred resource of about 3.56 billion tonnes at a similar grade, strengthening the project’s resource base and providing a more robust foundation for future technical, economic and strategic planning.
The most recent analyst rating on (TSE:MLP) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Millennial Potash stock, see the TSE:MLP Stock Forecast page.
Spark’s Take on TSE:MLP Stock
According to Spark, TipRanks’ AI Analyst, TSE:MLP is a Neutral.
Millennial Potash’s stock exhibits a mixed outlook. The primary concern lies in its financial performance, with no revenue and operational inefficiencies. However, strong technical momentum and positive corporate events provide some optimism for future growth. The poor valuation metrics due to negative earnings and lack of dividends further weigh down the score. Improvement in revenue generation and operational execution will be crucial for enhancing the stock’s attractiveness.
To see Spark’s full report on TSE:MLP stock, click here.
More about Millennial Potash
Millennial Potash Corp. is a potash exploration and development company focused on advancing its Banio Potash Project in the Mayumba Permit area of the Republic of Gabon, targeting fertilizer-related potash resources for the global agriculture and commodities markets.
Average Trading Volume: 422,456
Technical Sentiment Signal: Buy
Current Market Cap: C$406.3M
For a thorough assessment of MLP stock, go to TipRanks’ Stock Analysis page.