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Equity Metals ( (TSE:EQTY) ) just unveiled an announcement.
Equity Metals Corporation has commenced its 2025 drilling program at the Silver Queen Property in British Columbia, aiming to expand the mineralization of the No. 3 Vein, which is crucial for the company’s resource base. The ongoing drilling efforts are expected to enhance the company’s mineral resources and provide updated exploration models by the end of 2025, potentially impacting its market position positively.
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 is part of the Malaspina-Manex Group and holds a 100% interest in the Silver Queen project in British Columbia. The company focuses on high-grade precious and base-metal veins.
Average Trading Volume: 367,734
Technical Sentiment Signal: Buy
Current Market Cap: C$46.95M
See more data about EQTY stock on TipRanks’ Stock Analysis page.