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Sasquatch Resources Corp. ( (TSE:SASQ) ) just unveiled an update.
Sasquatch Resources Corp. has provided updates on its Mount Sicker project, highlighting recent developments and collaborations. The company organized a geological tour attended by geologists, government representatives, and students, which garnered positive feedback and local media coverage. Sasquatch has retained Okane Consultants and Ecofish Research to assist in advancing the project, focusing on environmental reclamation and permitting processes. The project aims to separate valuable minerals from waste rock while mitigating environmental hazards, potentially setting a precedent for modern mining practices at legacy sites.
Spark’s Take on TSE:SASQ Stock
According to Spark, TipRanks’ AI Analyst, TSE:SASQ is a Neutral.
Sasquatch Resources Corp. is under pressure due to financial challenges, including no revenue and shrinking cash reserves. While technical indicators and corporate events suggest potential stability and growth, the lack of earnings and negative cash flow present significant risks. The absence of debt offers some flexibility, but the company needs to secure additional funds to improve its financial standing.
To see Spark’s full report on TSE:SASQ stock, click here.
More about Sasquatch Resources Corp.
Sasquatch Resources Corp. operates in the mining industry, focusing on the reclamation and processing of legacy mining sites. The company is engaged in projects that aim to extract valuable minerals such as gold, copper, silver, and zinc from waste rock piles while addressing environmental concerns.
Average Trading Volume: 33,032
Technical Sentiment Signal: Buy
See more data about SASQ stock on TipRanks’ Stock Analysis page.