Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Tartisan Nickel Corp ( (TSE:TN) ) is now available.
Tartisan Nickel Corp. has proposed a non-brokered flow-through financing of up to $1,000,000, issuing flow-through common shares at $0.24 per share. The proceeds will be used to fund eligible Canadian Exploration Expenses that will be renounced to subscribers and directed toward continued exploration and development at the company’s flagship Kenbridge Nickel-Copper-Cobalt Project in Northwestern Ontario. The financing may include finder’s fees in the form of cash commissions and/or broker warrants, and remains subject to customary closing conditions, including regulatory approvals and a statutory hold period under Canadian securities laws.
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 focused on nickel, copper, cobalt, and silver projects in Ontario. Its key assets include the Kenbridge Nickel Project near Sioux Narrows, the Sill Lake Silver Property near Sault Ste. Marie, and the Night Danger Turtle Pond project near Dryden. The company’s common shares trade on the Canadian Securities Exchange, the OTCQB, and the Frankfurt Stock Exchange, with 148,049,041 shares outstanding and 152,147,756 shares on a fully diluted basis.
Average Trading Volume: 89,644
Technical Sentiment Signal: Buy
Current Market Cap: C$24.23M
For an in-depth examination of TN stock, go to TipRanks’ Overview page.