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The latest update is out from Tertiary Minerals ( (GB:TYM) ).
Tertiary Minerals plc has announced a new drilling program at its Mushima North Project in Zambia, targeting a significant silver and zinc anomaly within a larger copper-in-soil anomaly. The program aims to explore the potential depth and continuity of mineralization, with drilling expected to commence shortly. This initiative is part of Tertiary’s strategic focus on energy transition metals, potentially enhancing its position in the mining industry and offering promising prospects for 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 is an AIM-traded mineral exploration and development company focused on energy transition metals. The company is engaged in discovering and developing copper and precious metal mineral resources, with projects located in Zambia and Nevada, USA.
Average Trading Volume: 25,629,891
Technical Sentiment Signal: Sell
Current Market Cap: £1.59M
For an in-depth examination of TYM stock, go to TipRanks’ Overview page.