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An update from Pathfinder Minerals ( (GB:RMR) ) is now available.
Rome Resources has advanced its post-maiden resource drilling programme at the Bisie North tin and copper project in the DRC, with two rigs currently operating at the Mont Agoma and Kalayi prospects. Initial on-site handheld XRF readings from Kalayi drillhole KBD019 indicate a 6-metre interval averaging 1.6% tin within a broader 26-metre zone of disseminated cassiterite, supporting continuity of mineralisation, while drilling at Mont Agoma is progressing into the main mineralised zone. Although the grades reported are preliminary and subject to confirmation by laboratory assays, management says the early results align with its structural model and expectations for deeper, higher-grade tin, underscoring the project’s potential significance for Rome’s growth as drilling continues.
The most recent analyst rating on (GB:RMR) stock is a Hold with a £0.20 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 GB:RMR Stock
According to Spark, TipRanks’ AI Analyst, GB: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 GB:RMR stock, click here.
More about Pathfinder Minerals
Rome Resources plc is an AIM-listed mineral exploration company focused on tin and copper projects in the Democratic Republic of Congo. Its flagship asset is the Bisie North project, situated near the Alphamin Mpama tin mine complex, where it is targeting a large polymetallic system across the Mont Agoma and Kalayi prospects.
Average Trading Volume: 14,649,026
Technical Sentiment Signal: Sell
Current Market Cap: £15.34M
For an in-depth examination of RMR stock, go to TipRanks’ Overview page.