Thesis Gold Launches 2025 Exploration at Lawyers-Ranch Project

Benchmark Metals Inc ( (TSE:TAU) ) has shared an update.

Thesis Gold Inc. has initiated its 2025 exploration program at the Lawyers-Ranch Project in British Columbia, aiming to advance towards a Pre-Feasibility Study by the end of the year. The program includes extensive geological, engineering, and environmental work, with over 15,000 meters of drilling planned to expand resources and test new targets. These efforts are designed to de-risk the project and support long-term development, positioning the company to enhance its asset value and progress in the environmental assessment process.

The most recent analyst rating on (TSE:TAU) stock is a Buy with a C$3.00 price target. To see the full list of analyst forecasts on Benchmark Metals 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 Benchmark Metals Inc

Thesis Gold Inc. operates in the mining industry, focusing on the exploration and development of precious metals. The company is primarily engaged in advancing its projects in the Toodoggone Mining District of British Columbia, with a market focus on expanding and de-risking its gold assets.

Average Trading Volume: 576,375

Technical Sentiment Signal: Buy

Current Market Cap: C$277.3M

Find detailed analytics on TAU stock on TipRanks’ Stock Analysis page.