Cambria Gold Mines hits high-grade gold in Premier drilling, eyes resource expansion

Ascot Resources ( (TSE:CAMB) ) just unveiled an update.

Cambria Gold Mines reported strong drilling results from its 2024 and 2025 programs at the Premier Gold Project in British Columbia, highlighted by high-grade gold and silver intercepts at the Big Missouri extension and a newly defined target near the historic Sebakwe mine. The company says the results support significant resource expansion potential around existing deposits and suggest Big Missouri may be remodelled as a broader, higher-tonnage zone, informing mine planning and future drilling priorities for 2026 and beyond.

The most recent analyst rating on (TSE:CAMB) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Ascot Resources stock, see the TSE:CAMB Stock Forecast page.

Spark’s Take on TSE:CAMB Stock

According to Spark, TipRanks’ AI Analyst, TSE:CAMB is a Neutral.

The score is constrained primarily by very weak financial performance, including collapsing revenue, large losses, and continued negative operating/free cash flow. Technicals provide partial support due to positive momentum and price strength versus moving averages, but overbought signals increase downside risk. Valuation is also pressured because the company is loss-making and there is no dividend yield provided.

To see Spark’s full report on TSE:CAMB stock, click here.

More about Ascot Resources

Cambria Gold Mines Inc. is a Canadian mineral exploration and development company focused on the Premier Gold Project in northwestern British Columbia. The company explores and advances gold and silver deposits, including the Big Missouri and Premier-Northern Lights areas, with an emphasis on high-grade underground resources near existing mill infrastructure.

Average Trading Volume: 151,006

Technical Sentiment Signal: Sell

Current Market Cap: C$44.33M

Learn more about CAMB stock on TipRanks’ Stock Analysis page.