Daily Metals Mining Rundown for 7 April 2025 (intraday TSX)

Rundown of company announcements, valuations, and underlying metal prices, according to our compilation of publicly available information covering 9 important metals and more than 450 mining stocks, including mineral resource inventories, and including project NPV information for some 150+ developers.

Author

Host Rock Capital
April 07, 2025

Today’s metal price movements (over past ~26 hrs) and mining company peer group movements intraday TSX (including earlier ASX movements) include:

Top and bottom 40 daily performing metals mining company stocks (out of 458 in our Peer Table) intraday TSX (including earlier ASX movements) include:

Coverage of metals mining company announcements incorporated into today’s intraday TSX Peer Table (resource updates, economic studies, changes in attributable project ownership) include:

  • 7 April 2025 - Gold explorer Renforth Resources (CSE:RFR) announced an updated resource estimate for its flagship Parbec project in Quebec next door to Agnico Eagle’s (NYSE:AEM) producing Malarctic Mine (and other nearby satellite development project Marban that AEM picked up in O3 Mining acquisition). RFR grew its resources by 29% in this update to 0.36 Moz @ 0.93 g/t Au (M&I&I, mostly open pit with some underground) - with 12% of the new resource ounces in the Measured category within the resource pit shell, helping to define higher-confidence, slightly higher-grade starter-pit material to help bolster economics in future possible economic studies, possibly in conjunction with Malarctic and/or Marban (after more resource growth, as RFR states in the release that this resource update and associated drilling also presented them with new drill targets within deposit to target gaps in drill spacing and to upgrade remaining inferred ounces). RFR traded flat today intraday TSX (April 7) following this news on strong volume (already ~6x average) for the day to a market cap/oz resource of US$6.6/oz Au - a wide 63% discount to our below Peer Table’s 78-company gold explorer peer group median market cap/oz AuEq of $18/oz.

April 2025 Parbec Gold Deposit MRE (Source: Renforth Resources)

Disclaimer: Provided for informational and educational purposes, and is not intended as investment advice. For full disclosures, visit www.hostrockcapital.com/disclosures.