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Tartisan Nickel Corp ( (TSE:TN) ) just unveiled an update.
Tartisan Nickel Corp. has announced the commencement of drilling by Rodren Drilling Ltd. at its Kenbridge Nickel Copper Cobalt Project in Northwestern Ontario. This drilling campaign aims to achieve several objectives, including resource conversion, testing potential extensions of high-grade nickel-copper sulphide zones, and gathering technical data for future engineering and development studies. The initiative is expected to enhance geological confidence and demonstrate the strategic value of the Kenbridge Project as a critical mineral asset.
The most recent analyst rating on (TSE:TN) stock is a Buy with a C$0.45 price target. To see the full list of analyst forecasts on Tartisan Nickel Corp stock, see the TSE:TN Stock Forecast page.
Spark’s Take on TSE:TN Stock
According to Spark, TipRanks’ AI Analyst, TSE:TN is a Underperform.
Tartisan Nickel Corp’s stock score is driven by severe financial performance challenges, including zero revenue and persistent losses. The technical indicators suggest weak momentum, and the valuation is negatively impacted by the absence of profitability and dividends. However, recent corporate events offer potential growth opportunities in mineral exploration, providing a glimmer of hope for future improvements.
To see Spark’s full report on TSE:TN stock, click here.
More about Tartisan Nickel Corp
Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company. It owns the Kenbridge Nickel Project near Sioux Narrows, Northwestern Ontario, the Sill Lake Silver Property near Sault Ste. Marie, Ontario, and the Night Danger Turtle Pond project near Dryden, Ontario. The company’s shares are listed on the Canadian Securities Exchange and other international markets.
Average Trading Volume: 106,760
Technical Sentiment Signal: Hold
Current Market Cap: C$18.34M
For an in-depth examination of TN stock, go to TipRanks’ Overview page.