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Probe Gold Inc T.PRB

Alternate Symbol(s):  PROBF

Probe Gold Inc. is a Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The owns 100% of its flagship asset, the multimillion-ounce Novador Gold Project in Quebec, as well as an early-stage Detour Gold Quebec project. The Company holds a large land package of approximately 1685-square-kilometres of exploration ground within some of the prolific gold belts in Quebec. Its Casa Cameron Project includes the Casagosic, Sinclair-Bruneau and Florence properties, which are located north of the towns of La Sarre, Amos and Lebel-sur-Quevillon, northwest region in Quebec. It also holds three properties in the James Bay Lowlands area of northern Ontario, Canada: the Black Creek Property, the Tamarack-McFauld’s Lake Property, and the Victory Property. The Company has a 50/50 joint venture with Pan American Silver on the Meunier-144 property. It also owns 100% interest in the Croinor Property located in Val-d’Or, Quebec.


TSX:PRB - Post by User

Post by Rosehill1on Oct 24, 2022 2:50pm
304 Views
Post# 35044506

C$5 price target

C$5 price targetLaurentian Bank Securities said Probe’s drilling validated its 3-D model and highlighted a significant resource increase potential.

“We believe the high hit-ratio of drilling suggests a resource increase of +20%,” analyst Barry Allan wrote in a note on Tuesday. Allan has a buy rating on the stock and a C$5 price target. Probe shares added C$0.01 on Tuesday to trade at C$1.19. The stock touched a high of C$2.31 this year in March and April and is valued at about C$182 million.

Full Report

https://www.mining.com/probe-metals-finds-remarkable-consistency-at-val-dor-gold-projects-monique/
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