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Vior Inc. ( (TSE:VIO) ) has provided an announcement.
Vior Gold Corporation has launched a 20,000‑metre drilling program at its 100%-owned Ligneris gold project in Quebec’s Abitibi Greenstone Belt, targeting the vertical and lateral extensions of three main mineralized zones—North, Central and South—that have yielded high-grade historical gold intercepts. With up to three drill rigs being deployed and first assay results expected by the end of January, the company aims to better define what it interprets as a hybrid gold-bearing VMS and orogenic gold system and to rapidly demonstrate continuity and potential resource growth at Ligneris. Backed by more than $40 million in cash and equity and a C$15 million exploration budget for 2026, Vior is prioritizing Ligneris while completing drilling at Belleterre in the first quarter and continuing to seek additional project opportunities, positioning itself for an active year of exploration in Quebec.
The most recent analyst rating on (TSE:VIO) stock is a Hold with a C$0.11 price target. To see the full list of analyst forecasts on Vior Inc. stock, see the TSE:VIO Stock Forecast page.
Spark’s Take on TSE:VIO Stock
According to Spark, TipRanks’ AI Analyst, TSE:VIO is a Neutral.
The score is held back primarily by weak operating performance and ongoing cash burn despite a strong, low-leverage balance sheet. Technical signals are mostly neutral with a weaker longer-term trend, while valuation is reasonable but lacks dividend support. Recent corporate news is positive (drilling results and planned campaigns), providing a modest offset.
To see Spark’s full report on TSE:VIO stock, click here.
More about Vior Inc.
Vior Gold Corporation is a Quebec-based junior mineral exploration company focused on generating, exploring and developing high-quality mineral projects in the province’s established mining jurisdiction. Led by an experienced management and technical team credited with several major gold discoveries in Quebec, the company is primarily engaged in advancing gold-focused assets, notably its Ligneris and Belleterre projects.
Average Trading Volume: 396,304
Technical Sentiment Signal: Sell
Current Market Cap: C$49.87M
Learn more about VIO stock on TipRanks’ Stock Analysis page.