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An announcement from Tartisan Nickel Corp ( (TSE:TN) ) is now available.
Tartisan Nickel Corp. has engaged Rodren Drilling Ltd. for a drilling program at its Kenbridge Nickel-Copper-Cobalt Deposit in Ontario. This initiative aims to update the Mineral Resource Estimate and prepare for a Pre-Feasibility Study by converting inferred resources to measured and indicated categories and exploring high-grade mineralization extensions. The project marks a significant step in advancing Kenbridge as a critical metals source within the North American supply chain.
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 exploration and development company focused on critical metals. It owns the Kenbridge Nickel Project, the Night Danger Turtle Pond project, and the Sill Lake Silver Property in Ontario. The company’s shares are listed on the Canadian Securities Exchange, OTCQB, and FSE.
Average Trading Volume: 94,597
Technical Sentiment Signal: Sell
Current Market Cap: C$11.79M
For a thorough assessment of TN stock, go to TipRanks’ Stock Analysis page.