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Pathfinder Minerals ( (GB:RMR) ) has provided an update.
Rome Resources has reported its widest tin-bearing intercept to date at the Kalayi prospect in the DRC, with drillhole KBDD033 returning an indicative 20 metres at 1.0% tin, including several higher-grade sub-intervals and additional shallower hits. The results, obtained from handheld XRF readings, suggest the mineralised zone may be widening and strengthening at depth, supporting the company’s structural model and drawing comparisons with Alphamin’s nearby Mpama South deposit.
Management said these intercepts materially enhance confidence in Kalayi’s potential to host larger volumes of tin mineralisation and are expected to feed into an updated Mineral Resource Estimate that could show a meaningful uplift. A follow-up hole, KBDD034, is being drilled beneath KBDD033 to test the continuity and scale of the deeper tin zones, which could further influence Rome Resources’ resource base and its positioning in the regional tin exploration landscape.
The most recent analyst rating on (GB:RMR) stock is a Hold with a £0.24 price target. To see the full list of analyst forecasts on Pathfinder Minerals stock, see the GB:RMR Stock Forecast page.
Spark’s Take on RMR Stock
According to Spark, TipRanks’ AI Analyst, RMR is a Neutral.
The score is primarily pressured by weak financial performance (no revenue, widening losses, and persistent negative free cash flow implying continued funding risk). Technicals add a modest headwind due to a weak longer-term trend and negative MACD, while valuation is constrained because negative earnings make P/E less informative and there is no dividend support.
To see Spark’s full report on RMR stock, click here.
More about Pathfinder Minerals
Rome Resources is a tin and copper exploration company focused on the Democratic Republic of Congo, where it is advancing the Bisie North project near Alphamin’s Mpama tin mine complex. The Kalayi prospect is a key target within this project, with drilling aimed at defining high-grade, potentially laterally continuous tin mineralisation at depth.
Average Trading Volume: 15,589,714
Technical Sentiment Signal: Hold
Current Market Cap: £19.63M
Find detailed analytics on RMR stock on TipRanks’ Stock Analysis page.