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Thesis Gold Inc ( (TSE:TAU) ) just unveiled an update.
Thesis Gold Inc. has announced positive results from a Prefeasibility Study for its Lawyers-Ranch Project, indicating a strong economic outlook with an after-tax net present value of $2.37 billion and an internal rate of return of 54.4%. The project is expected to have a 15-year mine life with significant gold-equivalent production rates and low all-in sustaining costs, positioning Thesis Gold as a promising value-creation story in the mining sector.
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 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 extraction. The company is engaged in developing its Lawyers-Ranch Project located in the Toodoggone Mining District of British Columbia, utilizing both open pit and underground mining methods.
Average Trading Volume: 504,749
Technical Sentiment Signal: Buy
Current Market Cap: C$493.8M
See more data about TAU stock on TipRanks’ Stock Analysis page.