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Thesis Gold Inc ( (TSE:TAU) ) just unveiled an announcement.
Thesis Gold Inc. has announced assay results from its 2025 drilling program at the Lawyers-Ranch Project, aimed at advancing towards a feasibility study and environmental assessment. The drilling, which focused on geotechnical, hydrogeological, and metallurgical studies, confirmed a robust deposit model with high-grade gold and silver intersections, reinforcing the company’s confidence in the resource model and deposit geometry. This progress is crucial for future feasibility-level designs and supports the company’s ongoing commitment to de-risking the project, potentially impacting its operational and market positioning positively.
The most recent analyst rating on (TSE:TAU) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Thesis Gold Inc stock, see the TSE:TAU Stock Forecast page.
Spark’s Take on TSE:TAU Stock
According to Spark, TipRanks’ AI Analyst, TSE:TAU is a Neutral.
Benchmark Metals Inc. has a challenging financial situation due to its lack of revenue and negative free cash flow, which weighs heavily on its stock score. However, the stock’s positive technical indicators and recent strategic developments in resource expansion provide potential upside. The current valuation remains concerning due to a negative P/E ratio, but future project advancements could improve this outlook.
To see Spark’s full report on TSE:TAU stock, click here.
More about Thesis Gold Inc
Thesis Gold Inc. operates in the mining industry, focusing on gold and silver exploration and development. The company is engaged in advancing its Lawyers-Ranch gold-silver Project located in the Toodoggone Mining District of British Columbia, with a strong emphasis on de-risking and progressing towards feasibility studies.
Average Trading Volume: 559,439
Technical Sentiment Signal: Buy
Current Market Cap: C$439.3M
See more insights into TAU stock on TipRanks’ Stock Analysis page.