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An announcement from Tertiary Minerals ( (GB:TYM) ) is now available.
Tertiary Minerals has unveiled a JORC-compliant Exploration Target for its Mushima North Project in Zambia, defining Target A1 at 15–30 million tonnes grading 40–60 grams per tonne silver equivalent. The polymetallic silver-copper-zinc prospect lies near the historic Kalengwa mine and is interpreted as a flat-lying, near-surface supergene zone that remains open to the northwest, southwest and at depth.
The company plans infill drilling, metallurgical testwork and initial technical, environmental and community studies to convert the conceptual target into a maiden Mineral Resource Estimate, potentially by the end of 2026. Several additional, untested drill-ready targets within 12 km of A1 could further enhance Mushima North’s scale, underscoring Zambia’s growing appeal as a copper and precious metals exploration destination for investors.
The most recent analyst rating on (GB:TYM) stock is a Hold with a £0.09 price target. To see the full list of analyst forecasts on Tertiary Minerals stock, see the GB:TYM Stock Forecast page.
Spark’s Take on TYM Stock
According to Spark, TipRanks’ AI Analyst, TYM is a Neutral.
The score is held down primarily by weak financial performance—persistent losses and ongoing cash burn—despite the mitigating positive of a debt-free balance sheet. Technicals are mixed (improving longer-term trend but weak near-term momentum), and valuation remains constrained by negative earnings and no dividend support.
To see Spark’s full report on TYM stock, click here.
More about Tertiary Minerals
Tertiary Minerals plc is a mineral exploration company listed on AIM that focuses on discovering and advancing copper, silver and other polymetallic deposits. The company is active in Zambia’s Iron-Oxide-Copper-Gold belt, targeting projects with potential for sizeable near-surface resources that could underpin future mine development.
Average Trading Volume: 75,983,728
Technical Sentiment Signal: Hold
Current Market Cap: £4.64M
For a thorough assessment of TYM stock, go to TipRanks’ Stock Analysis page.