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Rua Gold ( (TSE:RUA) ) has issued an update.
Rua Gold has reported strong assay results and significant strike extensions at its Auld Creek gold-antimony project in the Reefton Goldfield, confirming mineralization over at least 870 metres that remains open along strike and at depth. The company has ramped up drilling to three rigs to accelerate resource definition, is mobilizing scout drilling to test a 2.5 kilometre geochemical trend, and has commissioned an updated NI 43-101 technical report and preliminary economic assessment work. In parallel, Rua Gold is advancing a permitting strategy built around New Zealand’s FAST TRACK regime, with a referral application targeted in the first half of 2026 and full application by year-end, supported by completed mine concept design, active engagement with local Māori stakeholders, and expanding community and regulatory consultations, underscoring its push to move Auld Creek toward production.
The most recent analyst rating on (TSE:RUA) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Rua Gold stock, see the TSE:RUA Stock Forecast page.
Spark’s Take on TSE:RUA Stock
According to Spark, TipRanks’ AI Analyst, TSE:RUA is a Neutral.
Score is held back primarily by weak financial performance (pre-revenue, sharply widening losses, and significant cash burn despite low debt). Technicals are a meaningful positive with price above major moving averages and supportive momentum, while valuation remains difficult due to negative earnings and no dividend support. Corporate actions improve liquidity and execution capability but are secondary to the funding and commercialization risk.
To see Spark’s full report on TSE:RUA stock, click here.
More about Rua Gold
Rua Gold Inc. is a mineral exploration company focused on advancing gold and antimony projects in New Zealand’s Reefton Goldfield. The company is targeting development of what it describes as New Zealand’s largest known antimony deposit at its flagship Auld Creek project, positioning itself within the precious and strategic metals space with a focus on resource growth and eventual mine development.
YTD Price Performance: -9.60%
Average Trading Volume: 120,531
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$92.97M
For an in-depth examination of RUA stock, go to TipRanks’ Overview page.