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Great Quest Fertilizer ( (TSE:OGW) ) has provided an update.
Ongwe Minerals has begun an inaugural reverse circulation bedrock drilling program at its Belmont gold prospect in Namibia and outlined a 2026 exploration plan focused on defining subsurface gold targets at both Belmont and Manga. The company has budgeted 6,000 metres of RC drilling to be completed in the first half of 2026, alongside expanded soil and calcrete sampling across its licences to unlock gold potential in underexplored covered terrain.
Management says the program is designed to replicate recent regional discovery successes by using innovative sampling and geophysics to target orogenic gold along major fault zones. To support this accelerated work, Ongwe has expanded its technical and corporate teams, signalling a period of higher exploration spending and increased operational activity that could be pivotal for resource definition and future project advancement.
The most recent analyst rating on (TSE:OGW) stock is a Sell with a C$0.02 price target. To see the full list of analyst forecasts on Great Quest Fertilizer stock, see the TSE:OGW Stock Forecast page.
Spark’s Take on TSE:OGW Stock
According to Spark, TipRanks’ AI Analyst, TSE:OGW is a Neutral.
The score is held down primarily by weak financial performance (no revenue, recurring losses, negative cash flow, and worsening 2024 results with negative equity). Technicals are also soft (negative MACD and price below the 200-day), while valuation metrics offer limited support due to losses and no dividend. The main offset is a positive corporate development around the RTO and financing, though it carries regulatory and execution risk.
To see Spark’s full report on TSE:OGW stock, click here.
More about Great Quest Fertilizer
Ongwe Minerals Inc. is a Vancouver-based mineral exploration company focused on orogenic gold systems in Namibia’s emerging Northwest Damara Belt. Its flagship assets are the large-scale Khorixas Project, hosting the Belmont Prospect, and the Omatjete Project, hosting the Manga Prospect, both positioned near known multi-million-ounce gold discoveries.
Average Trading Volume: 414,662
Technical Sentiment Signal: Buy
Current Market Cap: C$38.36M
See more insights into OGW stock on TipRanks’ Stock Analysis page.