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Group Ten Metals ( (TSE:PGE) ) has issued an update.
Stillwater Critical Minerals Corp. has announced significant progress in its corporate, exploration, and development activities, particularly at its flagship Stillwater West project. The company has raised $8.78 million in private placements, with Glencore plc increasing its stake to 15% and gaining board representation. The 2025 exploration program aims to expand mineralization at Stillwater West, with over 3,100 meters drilled so far and plans for an updated Mineral Resource Estimate in 2026. This phase of growth is supported by increased capital and an expanded geological model, positioning Stillwater as a key player in the U.S. critical minerals sector.
Spark’s Take on TSE:PGE Stock
According to Spark, TipRanks’ AI Analyst, TSE:PGE is a Neutral.
Group Ten Metals faces significant financial challenges with no revenue and sustained losses, heavily impacting its stock score. Despite this, technical indicators suggest bullish momentum, and corporate strategies align well with national policies, potentially supporting future growth if financial health improves.
To see Spark’s full report on TSE:PGE stock, click here.
More about Group Ten Metals
Stillwater Critical Minerals Corp. operates in the mining industry, focusing on the exploration and development of critical minerals such as nickel, copper, cobalt, platinum, palladium, rhodium, gold, and chromium. Their primary project is the Stillwater West Ni-PGE-Cu-Co + Au critical minerals project located in the Stillwater mining district of Montana, USA.
Average Trading Volume: 448,029
Technical Sentiment Signal: Buy
Current Market Cap: C$76.84M
For detailed information about PGE stock, go to TipRanks’ Stock Analysis page.