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The latest update is out from Group Ten Metals ( (TSE:PGE) ).
Stillwater Critical Minerals Corp. has announced updates on its corporate, exploration, and development activities, highlighting the advancement of its Stillwater West project in Montana. The company recently secured $8.78 million in private placements, with Glencore plc increasing its stake to 15%. The 2025 exploration program aims to expand mineralization and update the Mineral Resource Estimate by mid-2026. Drilling is ongoing, with significant progress made in understanding the subsurface geology, which is expected to enhance future drill targeting. The company is optimistic about the potential of the Stillwater West project to become a major source of critical minerals in the U.S.
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. Its primary project is the Stillwater West Ni-PGE-Cu-Co + Au critical minerals project located in the Stillwater mining district of Montana, USA. The company aims to be a significant source of ten minerals deemed critical by the U.S. government.
Average Trading Volume: 448,029
Technical Sentiment Signal: Buy
Current Market Cap: C$76.84M
See more insights into PGE stock on TipRanks’ Stock Analysis page.