Aben Gold Receives $150,000 Payment Under Option Agreement with Kingfisher Metals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 30 2025
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Source: Globenewswire
- Agreement Finalized: Aben Gold's option agreement with Kingfisher Metals closed on December 23, 2025, with Aben receiving an initial payment of CAD $150,000 and 1,886,792 shares, marking the formal commencement of their collaboration.
- Project Potential: The agreement grants Kingfisher a three-year option to acquire 100% interest in the Forrest Kerr Project for a total of CAD $2.7 million in cash and shares, highlighting the significant mineral resource potential in British Columbia.
- Operational Arrangement: Kingfisher will act as the project operator during the option period, which not only enhances project development efficiency but also strengthens Aben's competitive position in the gold exploration sector.
- Shareholder Value Enhancement: Aben Gold aims to increase shareholder value through new discoveries and developing exploration projects, and this agreement lays the groundwork for future growth, particularly in geopolitically favorable jurisdictions.
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Analyst Views on ABM
Wall Street analysts forecast ABM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ABM is 52.75 USD with a low forecast of 51.00 USD and a high forecast of 54.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
3 Buy
4 Hold
0 Sell
Moderate Buy
Current: 44.790
Low
51.00
Averages
52.75
High
54.00
Current: 44.790
Low
51.00
Averages
52.75
High
54.00
About ABM
ABM Industries Inc, which operates through its subsidiaries, is a provider of integrated facility, infrastructure, and mobility solutions. The Company’s segments include Business & Industry (B&I), Manufacturing & Distribution (M&D), Education, Aviation, and Technical Solutions. The B&I segment encompasses janitorial, facilities engineering, and parking services for commercial real estate properties, sports and entertainment venues, and other facilities. The M&D segment provides integrated facility services, engineering, janitorial, and other specialized services. The Education segment delivers janitorial, custodial, landscaping and grounds, facilities engineering, and parking services. The Aviation segment supports airlines and airports with services ranging from parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation. The Technical Solutions segment specializes in facility infrastructure, mechanical and electrical services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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