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The latest announcement is out from NGEx Minerals ( (TSE:NGEX) ).
NGEx Minerals Ltd. has reported significant progress in its Q2 2025 results, highlighted by two major discoveries at its Lunahuasi project: a new copper-gold porphyry system and high-grade gold quartz veins. These findings have the potential to greatly enhance the project’s value and are expected to be further explored in upcoming drilling programs. Additionally, NGEx plans to spin-out royalties from its Lunahuasi and Los Helados projects to shareholders, creating a new entity, RoyaltyCo, which aims to capture additional long-term value from these assets. This strategic move is designed to provide shareholders with exposure to NGEx’s key assets while offering a new investment opportunity in the royalty space.
The most recent analyst rating on (TSE:NGEX) stock is a Sell with a C$17.75 price target. To see the full list of analyst forecasts on NGEx Minerals stock, see the TSE:NGEX Stock Forecast page.
Spark’s Take on TSE:NGEX Stock
According to Spark, TipRanks’ AI Analyst, TSE:NGEX is a Underperform.
NGEx Minerals faces significant financial challenges with persistent losses and negative cash flows, heavily impacting its overall score. While recent corporate events suggest potential growth in resource value, they do not sufficiently counterbalance the financial weaknesses. Technical indicators and valuation also show weaknesses, contributing to the overall cautious outlook.
To see Spark’s full report on TSE:NGEX stock, click here.
More about NGEx Minerals
NGEx Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with copper, gold, and silver, with a market focus on expanding its mineral deposits and enhancing shareholder value through strategic exploration and corporate transactions.
YTD Price Performance: 65.00%
Average Trading Volume: 284,370
Technical Sentiment Signal: Buy
Current Market Cap: C$4.52B
For an in-depth examination of NGEX stock, go to TipRanks’ Overview page.