Equity Metals Launches Drilling on Arlington Gold Property

Equity Metals ( (TSE:EQTY) ) has shared an announcement.

Equity Metals Corporation has commenced a drilling program on its Arlington property in British Columbia, targeting gold, silver, and arsenic soil anomalies identified through recent geophysical surveys. This initiative is part of a fully funded 2025 exploration program aimed at enhancing the company’s resource base and exploration potential, with significant implications for its operational growth and industry positioning.

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 a member of the Malaspina-Manex Group, owning a 100% interest in the Silver Queen project in British Columbia, known for its high-grade precious and base-metal veins. The company also has a controlling interest in the Monument Diamond project in the Northwest Territories and an option to acquire a 100% interest in the Arlington Property in British Columbia.

Average Trading Volume: 311,880

Technical Sentiment Signal: Buy

Current Market Cap: C$43.04M

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