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The latest announcement is out from Provenance Gold Corp. ( (TSE:PAU) ).
Provenance Gold reported assay results from the final seven reverse circulation drill holes at its Eldorado West Project in eastern Oregon, with five holes in the Tyee area’s Zone 4 confirming broad, continuous gold mineralization and higher-grade intervals across multiple structural domains. The drilling has extended the mineralized system westward in the Tyee area and outlined a large, laterally continuous gold corridor that remains open in all directions, while initial holes at the Striker area intersected gold along intrusive-metasedimentary contacts, indicating a new mineralized zone and adding multiple follow-up drill targets for the 2026 season as the company advances what it views as a potentially significant gold district.
The most recent analyst rating on (TSE:PAU) stock is a Hold with a C$0.26 price target. To see the full list of analyst forecasts on Provenance Gold Corp. stock, see the TSE:PAU Stock Forecast page.
Spark’s Take on TSE:PAU Stock
According to Spark, TipRanks’ AI Analyst, TSE:PAU is a Neutral.
Overall score is held back primarily by weak financial performance (no revenue, widening losses, and negative free cash flow) and a loss-making valuation profile (negative P/E). Technical indicators are neutral-to-mixed, while recent positive exploration updates and successful financing provide supportive—but secondary—upside catalysts.
To see Spark’s full report on TSE:PAU stock, click here.
More about Provenance Gold Corp.
Provenance Gold Corp. is a mineral exploration company focused on advancing gold projects, with its key assets including the Eldorado West and Eldorado East properties in eastern Oregon. The company targets large-scale, open-pit style gold systems hosted in intrusive and metasedimentary rocks, positioning itself within the North American precious metals exploration sector.
Average Trading Volume: 587,806
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$48.26M
For a thorough assessment of PAU stock, go to TipRanks’ Stock Analysis page.