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The latest update is out from LaFleur Minerals ( (TSE:LFLR) ).
LaFleur Minerals has successfully closed a $1.66 million flow-through private placement to fund exploration and drilling at its Swanson Gold Deposit. The proceeds will support ore-sorting and metallurgical testwork, informing mineral resource estimates and economic viability, while advancing the Preliminary Economic Assessment for restarting gold production at the Beacon Gold Mill. This strategic move is expected to enhance the company’s operational capabilities and strengthen its position in the gold mining sector.
The most recent analyst rating on (TSE:LFLR) stock is a Buy with a C$1.04 price target. To see the full list of analyst forecasts on LaFleur Minerals stock, see the TSE:LFLR Stock Forecast page.
More about LaFleur Minerals
LaFleur Minerals Inc. operates in the mining industry, focusing on the exploration and development of gold deposits. The company is primarily involved with the Swanson Gold Project located in the Abitibi Gold Belt in Val-d’Or, Québec, and owns the Beacon Gold Mill, a near-term gold-producing asset.
Average Trading Volume: 189,628
Technical Sentiment Signal: Buy
Current Market Cap: C$35.07M
For an in-depth examination of LFLR stock, go to TipRanks’ Overview page.