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An update from Blue Lagoon Resources ( (TSE:BLLG) ) is now available.
Blue Lagoon Resources has announced significant progress in its Dome Mountain Gold Project, as it moves toward production in a favorable gold market. The company is fully funded, with no short-term debt, and has completed a water treatment plant, passed multiple government inspections, and secured a $2 million line of credit from Nicola Mining. The hiring of a senior underground geologist and the completion of critical inspections demonstrate the company’s readiness for production, positioning it strongly within the industry.
The most recent analyst rating on (TSE:BLLG) stock is a Buy with a C$1.11 price target. To see the full list of analyst forecasts on Blue Lagoon Resources stock, see the TSE:BLLG Stock Forecast page.
More about Blue Lagoon Resources
Blue Lagoon Resources Inc. operates in the mining industry, focusing on gold production. The company is advancing its Dome Mountain Gold Project, with a strong market focus on gold mining and development.
Average Trading Volume: 201,359
Technical Sentiment Signal: Buy
Current Market Cap: C$91.54M
See more data about BLLG stock on TipRanks’ Stock Analysis page.