Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Forum Energy Metals Corp ( (TSE:FMC) ) has issued an update.
Forum Energy Metals Corp has announced positive assay results from its 2024 exploration program at the Tatiggaq anomaly on the Aberdeen property in Nunavut. The results indicate the potential for a new uranium zone 300 meters north of the existing Tatiggaq deposit, enhancing the project’s large-scale potential. The company’s drill program has successfully expanded the Tatiggaq and Qavvik discoveries and identified new targets, suggesting significant potential for further uranium mineralization. This development may position the company to establish a generational uranium mining district in the Thelon Basin.
More about Forum Energy Metals Corp
Forum Energy Metals Corp is a company involved in the exploration and development of mineral properties, with a focus on uranium projects. The company operates primarily in the Thelon Basin, Nunavut, Canada, and is working to expand its discoveries on the Aberdeen property.
YTD Price Performance: 0%
Average Trading Volume: 360,678
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$19.3M
For a thorough assessment of FMC stock, go to TipRanks’ Stock Analysis page.
