Equity Metals Extends Mineralization at Silver Queen Project

Equity Metals ( (TSE:EQTY) ) has issued an update.

Equity Metals Corporation announced the extension of mineralization in the No. 3 Vein at its Silver Queen project, with significant assay results from its 2025 drill program. The drilling has successfully expanded the mineralization both laterally and to greater depths, enhancing the continuity and potential resource of the project. The results are expected to be incorporated into a revised exploration and resource model, with a Mineral Resource update anticipated in early 2026. This development could provide strategic advantages for future mining operations, given the proximity of the new mineralization to historical mine workings.

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 precious and base metals exploration. The company primarily engages in the development of its Silver Queen Au-Ag project in British Columbia, which is 100% owned by Equity Metals.

Average Trading Volume: 948,624

Technical Sentiment Signal: Sell

Current Market Cap: C$37.74M

Find detailed analytics on EQTY stock on TipRanks’ Stock Analysis page.