1/30/2024 0 Comments Goro stock![]() CIBC upgraded New Gold to Outperform from Neutral. Which Silver Stocks Are Trending? 4 Names To WatchĪ few weeks ago, New Gold attracted the attention of the analyst community. Why did this happen if New Gold made a loss in the last 52 weeks? Well, it seems as if investors are focusing more on revenue and growth at the moment. New Gold’s revenue has gone down 7.9% in the last year, but it seems like revenue and profit growth trends could have sparked more favorable sentiment this year. The CEO noted it as being a key transaction for the company that will allow it to continue taking advantage of its Blackwater property. Recently the company closed a sale of its Blackwater Project to Artemis Gold for $190 million. The company operates 4 different mines that are located in both Canada and Mexico. The company searches for gold, silver, and copper deposits on its properties. New gold is a gold mining company that actively is developing many mineral properties. ( NGD Stock Report) on this list of small-cap mining stocks. It received a full property package with no back-in rights at all. The CEO of the company Will Randall said, “The acquisition of the Moon Claims achieves this objective and mitigates the risk of limiting future resource estimates by excluding any ounces contained within the claims and, just as importantly, limiting further ounces due to pit design constraints.” Now, Freeman can incorporate these new claims into its future work. ![]() Recently the company acquired these claims, adding it to its already large involvement at the Lemhi Project. In the Lemhi project’s historical region, there was two mining claims called Moon #100 and Moon #101. more than 4 million common shares in the deal. This back-in right is for its Lemhi Project mineral property. In recent news for Freeman Gold, it acquired a back in-right from Yamana Gold Inc. In addition to gold deposits, the company also runs copper and silver deposits. One of these is the Lemhi Mine claim, which has more a 5000-meter diamond drill program going on at the moment. The company acquires, explores, and develops a variety of mineral properties under its umbrella. Freeeman is a gold company that primarily will work on mineral exploration at multiple places around the world. ![]() ( CSE: FMAN Stock Report) ( OTC: FMANF) on this list of mining penny stocks. Let’s first talk about Freeman Gold Corp. Mining Stocks To Watch: Freeman Gold Corp. With that being said, let’s look at 4 small-cap mining stocks that have gained ground this year. The big drop in silver and gold prices this month put a dent in some of the epic rises we saw within the sector this year. Heading into the next quarter and the new month of October, many of these stocks are in recovery mode.
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