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The latest update is out from Tartisan Nickel Corp ( (TSE:TN) ).
Tartisan Nickel Corp. has announced the commencement of a Phase 1 diamond drill program at its Kenbridge Nickel-Copper-Cobalt Project in Ontario, aiming to expand and upgrade existing resources. The program will focus on converting inferred resources into measured and indicated categories and testing extensions of high-grade mineralization, which is crucial for advancing the project towards production readiness and supporting future mine design and resource conversion.
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 mineral exploration and development company with projects including the Kenbridge Nickel Project in Northwestern Ontario, the Night Danger Turtle Pond project near Dryden, Ontario, and the Sill Lake Silver Property near Sault Ste. Marie, Ontario. The company is publicly listed on the Canadian Securities Exchange, OTCQB, and FSE.
Average Trading Volume: 87,191
Technical Sentiment Signal: Sell
Current Market Cap: C$11.79M
Learn more about TN stock on TipRanks’ Stock Analysis page.