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Prospect Ridge Resources Corp. ( (TSE:PRR) ) has provided an announcement.
Prospect Ridge Resources has reported initial assay results from hole CAM25-009 in its 2025 fall diamond drill program at the 100%-owned Camelot copper-gold project in B.C.’s Cariboo Mining District, confirming the discovery of a copper-gold-bearing alkalic porphyry system over a 1.7 km geophysical and geochemical trend. The first reported hole returned continuous mineralization grading 0.06 g/t gold and 0.08% copper over 156.6 metres from shallow depth, with higher-grade subintervals and geological indicators suggesting the core of the porphyry system has not yet been intersected; these results refine the company’s targeting criteria for deeper drilling in 2026 and point to potential for a larger, more robust Cu-Au system, which could enhance the project’s strategic significance if further assays confirm similar or stronger grades.
The most recent analyst rating on (TSE:PRR) stock is a Hold with a C$0.09 price target. To see the full list of analyst forecasts on Prospect Ridge Resources Corp. stock, see the TSE:PRR Stock Forecast page.
Spark’s Take on TSE:PRR Stock
According to Spark, TipRanks’ AI Analyst, TSE:PRR is a Neutral.
The score is held down primarily by weak financial performance (pre-revenue operations, ongoing losses, and negative free cash flow indicating funding dependence). Technicals are a positive contributor with the stock trading above key moving averages and a positive MACD, though momentum indicators look stretched. Valuation provides limited support given the negative P/E and lack of dividend yield data.
To see Spark’s full report on TSE:PRR stock, click here.
More about Prospect Ridge Resources Corp.
Prospect Ridge Resources Corp. is a mineral exploration company focused on copper and gold projects, with its flagship 100%-owned Camelot copper-gold project located in British Columbia’s prolific Cariboo Mining District. The company targets alkalic porphyry-style deposits using geophysical and geochemical exploration to define drill targets under glacial till cover.
Average Trading Volume: 86,551
Technical Sentiment Signal: Sell
Current Market Cap: C$9.58M
For an in-depth examination of PRR stock, go to TipRanks’ Overview page.