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The latest announcement is out from Revival Gold ( (TSE:RVG) ).
Revival Gold Inc. has commenced its 2025 drilling program at the Mercur Gold Project in Utah with the arrival of the first of two drilling rigs. The program aims to conduct extensive core and RC drilling to enhance metallurgical and geotechnical data, potentially expand mineral resources, and support a Preliminary Feasibility Study in 2026. The project includes assessing historical waste rock fill for gold content, which could add significant value. Additionally, Revival Gold has extended its marketing services agreement with Resource Stock Digest to boost its market presence.
Spark’s Take on TSE:RVG Stock
According to Spark, TipRanks’ AI Analyst, TSE:RVG is a Neutral.
Revival Gold’s stock reflects the high-risk, high-reward nature typical of exploration stage mining companies. The company’s positive corporate events and stable balance sheet are offset by the lack of revenue and ongoing cash burn. Technical analysis shows positive momentum, but valuation remains speculative due to negative earnings.
To see Spark’s full report on TSE:RVG stock, click here.
More about Revival Gold
Revival Gold Inc. is a prominent gold mine developer in the United States, focusing on advancing the Mercur Gold Project in Utah and the Beartrack-Arnett Gold Project in Idaho. The company is listed on the TSX Venture Exchange and OTCQX Market, with headquarters in Toronto, Canada, and an exploration office in Salmon, Idaho.
Average Trading Volume: 214,959
Technical Sentiment Signal: Buy
Current Market Cap: C$103.4M
For an in-depth examination of RVG stock, go to TipRanks’ Overview page.