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Alaska Silver Corp ( (TSE:WAM) ) just unveiled an announcement.
Alaska Silver Corp reported high-grade silver and zinc intercepts from its 2025 drilling program at the Illinois Creek project in western Alaska, including strong results from the Waterpump Creek deposit that suggest the continuation of its existing high-grade resource south of a post-mineral fault. The company also advanced the newly discovered Silver Sage zone, where trenching and initial scout drilling confirmed a significant high-grade silver-lead breccia trend, expanding the district footprint and supporting the potential for additional concealed mineralized zones that could enhance future resource growth and justify a more aggressive drilling campaign in 2026 following its recent U.S. listing and financing.
The most recent analyst rating on (TSE:WAM) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Alaska Silver Corp stock, see the TSE:WAM Stock Forecast page.
Spark’s Take on TSE:WAM Stock
According to Spark, TipRanks’ AI Analyst, TSE:WAM is a Neutral.
The score is held back primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn) and limited valuation support (negative P/E, no dividend). Offsetting factors include constructive price momentum (price above key moving averages with positive MACD) and generally positive corporate developments tied to exploration progress and improved near-term financing flexibility.
To see Spark’s full report on TSE:WAM stock, click here.
More about Alaska Silver Corp
Alaska Silver Corp is a mineral exploration company focused on high-grade silver, zinc and lead discoveries at its 100%-owned Illinois Creek carbonate replacement deposit project in western Alaska, targeting district-scale potential through both resource expansion at the Waterpump Creek deposit and new discoveries such as the Silver Sage zone.
Average Trading Volume: 261,373
Technical Sentiment Signal: Buy
Current Market Cap: C$77.09M
See more insights into WAM stock on TipRanks’ Stock Analysis page.