Thunderstruck Resources Mourns Loss of CFO, Appoints Interim Replacement

The latest announcement is out from Thunderstruck Resources ( (TSE:AWE) ).

Thunderstruck Resources Ltd. has announced the passing of its Chief Financial Officer, Wilson Michael, who had served in various accounting and administrative roles since 2021. The company expressed deep sorrow over his loss, highlighting his dedication and positive impact on the team. Bryce Bradley will take on the role of Interim CFO. This change in leadership comes as the company continues its focus on mineral exploration in Fiji, aiming to leverage its diverse portfolio to attract investors.

Spark’s Take on TSE:AWE Stock

According to Spark, TipRanks’ AI Analyst, TSE:AWE is a Underperform.

Thunderstruck Resources exhibits significant financial instability, with no revenue and consistent losses, heavily impacting its stock score. Technical indicators show slight upward momentum but are offset by valuation concerns, such as a negative P/E ratio and no dividend yield. The stock’s overall attractiveness remains low due to these compounding issues.

To see Spark’s full report on TSE:AWE stock, click here.

More about Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company focused on discovering high-value copper-gold porphyry, gold-silver epithermal, and VMS base-metal deposits on Viti Levu, Fiji. The company offers investors exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold, and silver in a politically stable jurisdiction. It trades on the Toronto Venture Exchange under the symbol ‘AWE’ and the United States OTC under ‘THURF.’

Average Trading Volume: 31,260

Technical Sentiment Signal: Sell

Current Market Cap: C$2.14M

Learn more about AWE stock on TipRanks’ Stock Analysis page.