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Thesis Gold Inc ( (TSE:TAU) ) has shared an update.
Thesis Gold Inc. has announced significant drill results from its 2025 exploration season at the Bingo Zone, part of its Lawyers-Ranch Project. The drilling has extended mineralization and revealed potential for resource expansion, which could enhance project economics by bringing forward ounces in the mine plan. The company also completed an 86 line-kilometer geophysical survey, identifying new exploration targets. These developments underscore the project’s growth potential beyond previous assessments, with updated project economics expected later in the year.
The most recent analyst rating on (TSE:TAU) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Thesis Gold Inc stock, see the TSE:TAU Stock Forecast page.
Spark’s Take on TSE:TAU Stock
According to Spark, TipRanks’ AI Analyst, TSE:TAU is a Neutral.
Benchmark Metals Inc. has a challenging financial situation due to its lack of revenue and negative free cash flow, which weighs heavily on its stock score. However, the stock’s positive technical indicators and recent strategic developments in resource expansion provide potential upside. The current valuation remains concerning due to a negative P/E ratio, but future project advancements could improve this outlook.
To see Spark’s full report on TSE:TAU stock, click here.
More about Thesis Gold Inc
Thesis Gold Inc. operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in expanding and exploring mineral resources at its Lawyers-Ranch Project in the Toodoggone mining district of northern British Columbia.
Average Trading Volume: 502,019
Technical Sentiment Signal: Buy
Current Market Cap: C$430.3M
See more insights into TAU stock on TipRanks’ Stock Analysis page.