Talisker Finalizes Ore Purchase Agreement, Shifts Mustang Mine Milling to Ocean Partners

Talisker Resources ( (TSE:TSK) ) has shared an announcement.

Talisker Resources has finalized a definitive Ore Purchase Agreement with Ocean Partners UK, completing the transition to a new milling partner for material from its Mustang Mine at the Bralorne Gold Project. The company expects to begin shipping ore to Ocean Partners’ facility immediately, with only about 2,000 tonnes left to be processed under its prior arrangement with Nicola, marking a swift logistical changeover that supports continuity of production and positions Talisker for a longer-term processing partnership while it continues to advance its British Columbia gold operations.

The most recent analyst rating on (TSE:TSK) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Talisker Resources stock, see the TSE:TSK Stock Forecast page.

Spark’s Take on TSE:TSK Stock

According to Spark, TipRanks’ AI Analyst, TSE:TSK is a Neutral.

The score is held down primarily by weak financial performance (persistent losses and significant cash burn), with valuation also constrained by negative earnings. These risks are partially offset by strong recent technical momentum (price above key moving averages and positive MACD), though overbought indicators raise near-term volatility risk.

To see Spark’s full report on TSE:TSK stock, click here.

More about Talisker Resources

Talisker Resources is a junior gold exploration and development company focused on high-grade projects in British Columbia, Canada. Its flagship asset is the fully permitted Bralorne Gold Project, where it is producing at the Mustang Mine, complemented by the advanced-stage Ladner Gold Project, the Spences Bridge Project in the emerging Spences Bridge Gold Belt, and several early-stage greenfield properties.

Average Trading Volume: 573,012

Technical Sentiment Signal: Buy

Current Market Cap: C$330.4M

See more data about TSK stock on TipRanks’ Stock Analysis page.