Cora Gold - CORA Stock Price Target and Predictions

Cora Gold Ltd (AIM: CORA) is a gold developer focused on delivering long-term value to shareholders through advancing proven gold deposits in West Africa towards production. Led by a team with a track record in making multi-million-ounce gold discoveries that have been developed into operating mines, the Company has two de-risked project areas within known gold belts in Mali and Senegal. The Company’s most advanced project is the Sanankoro Gold Project in the Yanfolila Gold Belt, south Mali, where a mine with low capital and operating costs based around high recovery, low strip ratio, free-digging oxide ore is approaching construction readiness. Based on a gold price of US$1,750/oz and a Maiden Probable Oxide Reserve of 422 koz at 1.3 g/t Au, the Project has strong economic fundamentals, including 52% IRR, US$234m Free Cash Flow over life of mine and all-in sustaining costs of US$997/oz; the Company is working to update the 2022 DFS and anticipates making an announcement on the updated DFS, including updated Probable Reserves, during Q3 2025. Cora is also advancing the Madina Foulbe Gold Project in Senegal, which has demonstrated its potential for economic gold mineralisation at scale.