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TNR Gold Corp (new) ( (TSE:TNR) ) has provided an announcement.
TNR Gold Corp announced that McEwen Mining Inc. has made significant progress on the Los Azules project, with a feasibility study nearing completion and a collaboration with the International Finance Corporation (IFC) to align with ESG standards. This collaboration aims to secure future financing and enhance the project’s appeal to international investors, potentially boosting Argentina’s mining sector by promoting sustainable development and economic growth.
The most recent analyst rating on (TSE:TNR) stock is a Buy with a C$0.30 price target. To see the full list of analyst forecasts on TNR Gold Corp (new) stock, see the TSE:TNR Stock Forecast page.
Spark’s Take on TSE:TNR Stock
According to Spark, TipRanks’ AI Analyst, TSE:TNR is a Neutral.
TNR Gold Corp’s overall stock score is heavily impacted by its poor financial performance due to persistent losses and lack of revenue. However, positive technical indicators and promising corporate events offer some optimism.
To see Spark’s full report on TSE:TNR stock, click here.
More about TNR Gold Corp (new)
TNR Gold Corp is a company involved in the mining industry, primarily focusing on holding net smelter returns royalties. The company has a stake in the Los Azules copper, gold, and silver project in San Juan, Argentina, through a 0.4% NSR royalty.
Average Trading Volume: 133,073
Technical Sentiment Signal: Buy
Current Market Cap: C$19.67M
Find detailed analytics on TNR stock on TipRanks’ Stock Analysis page.