Big Ridge Gold Corp. (TSE:BRAU) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Big Ridge Gold Corp. has significantly advanced its position in the Hope Brook Gold Project by increasing its ownership from 51% to 80% after issuing 10 million shares to First Mining Gold Corp. The transaction also involved the acquisition of First Mining’s stake in Big Ridge by a consortium of supportive shareholders, adding around 420,000 gold ounces to Big Ridge’s resources. The Hope Brook Project, known for past high-grade gold production, promises further exploration and development under Big Ridge’s expanded ownership.
For further insights into TSE:BRAU stock, check out TipRanks’ Stock Analysis page.