Blue Gold Limited Class A Ordinary Shares

Zacks Small-Cap Research initiated independent research coverage of Blue Gold Limited, a next-generation gold development company, with a price target of $20.00. The company focuses on acquiring high-potential mining assets and leveraging financial technologies in gold production.

Blue Gold Limited signed a non-binding term sheet to acquire 90% of the Mampon Gold Mine in Ghana's Ashanti Gold Belt, with an estimated 300,000 ounces of gold resources. The acquisition would strengthen Blue Gold's mining portfolio and support its gold-backed stablecoin initiative.