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An announcement from Tertiary Minerals ( (GB:TYM) ) is now available.
Tertiary Minerals plc has commenced work to produce a JORC-compliant Exploration Target for its silver-copper-zinc prospect, Target A1, at the Mushima North Project in Zambia. The Exploration Target, expected to be finalized in Q1 2026, will provide insights into the exploration potential and guide future drilling plans. This development is significant for Tertiary’s operations as it aims to produce a maiden mineral resource estimate by Q4 2026, enhancing its industry positioning and offering potential benefits to stakeholders.
Spark’s Take on GB:TYM Stock
According to Spark, TipRanks’ AI Analyst, GB:TYM is a Neutral.
The overall stock score of 53 reflects a company in a challenging financial situation with consistent losses and negative cash flows. However, its strong equity position and promising exploration projects in Zambia and Nevada offer potential upside. The technical indicators suggest neutral momentum, but valuation concerns persist due to negative earnings.
To see Spark’s full report on GB:TYM stock, click here.
More about Tertiary Minerals
Tertiary Minerals plc (AIM: TYM) is an AIM-traded mineral exploration and development company with a strategic focus on energy transition metals. The company is involved in the discovery and development of copper and precious metal mineral resources, primarily in Zambia and Nevada, USA. Tertiary operates in geologically prospective, mining-friendly jurisdictions that are stable and democratic.
Average Trading Volume: 85,145,987
Technical Sentiment Signal: Sell
Current Market Cap: £2.83M
Find detailed analytics on TYM stock on TipRanks’ Stock Analysis page.