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Landore Resources ( (GB:LND) ) has provided an announcement.
Landore Resources Limited announced its audited final results for 2024 and outlined a strategic shift towards fast-tracking the development of its BAM Gold Project. The company raised approximately £3.68 million to support this strategy, attracting significant industry investors. With gold prices near all-time highs, Landore aims to enhance the project’s value through targeted exploration and potential divestment of non-core assets. The company also refreshed its corporate branding and appointed new leadership to drive growth and development.
More about Landore Resources
Landore Resources plc is a company focused on the development and monetization of its flagship BAM Gold Project located in Northwestern Ontario, Canada. The company owns 100% of this project, which has a compliant resource estimate of 1.5 million ounces of gold. Landore aims to capitalize on the high gold prices and the project’s potential, while also managing a portfolio of precious and battery metals projects in Canada and the USA.
Average Trading Volume: 599,720
Technical Sentiment Signal: Sell
Current Market Cap: £10.05M
See more insights into LND stock on TipRanks’ Stock Analysis page.