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Athena Gold ( (AHNRF) ) has issued an update.
Athena Gold Corporation has announced an extension for the closing of its $0.05 non-flow-through unit private placement, now set for July 5, 2025, with no changes to the terms. This extension, approved by the Canadian Securities Exchange, aims to secure up to $200,000 in gross proceeds, potentially impacting the company’s exploration and development activities in its key projects.
Spark’s Take on AHNRF Stock
According to Spark, TipRanks’ AI Analyst, AHNRF is a Underperform.
Athena Silver’s overall stock score reflects significant financial weaknesses, primarily due to zero revenue and continuous losses. Despite positive corporate events and exploration prospects, the negative cash flows and weak technical indicators weigh heavily on the stock’s attractiveness. The potential growth from recent discoveries is a positive but secondary factor, given the company’s current financial challenges.
To see Spark’s full report on AHNRF stock, click here.
More about Athena Gold
Athena Gold Corporation is involved in mineral exploration and the acquisition of mineral property assets, focusing on developing precious and base metal properties across North America. The company operates the Laird Lake project in Ontario’s Red Lake Gold District and the Excelsior Springs Au-Ag project in Nevada’s Walker Lane Trend.
Average Trading Volume: 56,503
Technical Sentiment Signal: Hold
Current Market Cap: $7.73M
See more insights into AHNRF stock on TipRanks’ Stock Analysis page.