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Equity Metals ( (TSE:EQTY) ) just unveiled an update.
Equity Metals Corporation has announced the results of its Summer ’25 drill program at the Silver Queen project in British Columbia, revealing extensions of the No. 3 North vein beyond previous estimates. The drilling has successfully extended the vein up to 650 meters laterally, with assays from several holes indicating significant mineralization, including high-grade gold and silver. This expansion is expected to enhance the company’s mineral resource base, with further assays pending and a revised Mineral Resource Estimate anticipated by late 2025. The results underscore the potential for future development and resource expansion at the Silver Queen property, which remains a key focus for the company’s exploration efforts.
The most recent analyst rating on (TSE:EQTY) stock is a Buy with a C$0.39 price target. To see the full list of analyst forecasts on Equity Metals stock, see the TSE:EQTY Stock Forecast page.
Spark’s Take on TSE:EQTY Stock
According to Spark, TipRanks’ AI Analyst, TSE:EQTY is a Neutral.
The overall stock score of 42 reflects significant financial challenges due to lack of revenue and increasing losses, which weigh heavily on the score. While technical indicators are neutral to bearish, valuation remains weak due to negative earnings. However, positive corporate events provide some optimism for future growth, slightly boosting the score.
To see Spark’s full report on TSE:EQTY stock, click here.
More about Equity Metals
Equity Metals Corporation operates in the mining industry, focusing on the exploration and development of precious and base metal projects. The company is primarily engaged in the Silver Queen Au-Ag project located in British Columbia, which is known for its significant mineral resources, particularly in gold and silver.
Average Trading Volume: 603,361
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$47.26M
Find detailed analytics on EQTY stock on TipRanks’ Stock Analysis page.