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Opawica Explorations Advances Arrowhead and Bazooka Gold Projects, Eyes Strategic Options

Story Highlights
  • Opawica has advanced Arrowhead and Bazooka with permits, drilling, surveys and high-grade gold results.
  • The company plans Phase 2 drilling at Arrowhead and may joint venture or sell Bazooka to unlock value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Opawica Explorations Advances Arrowhead and Bazooka Gold Projects, Eyes Strategic Options

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Opawica Explorations ( (TSE:OPW) ) just unveiled an announcement.

Opawica Explorations has provided an operational update highlighting major progress on its Arrowhead and Bazooka gold properties, including receipt of drill permits for both assets, completion of multiple drill programs at Bazooka with high-grade results, and the identification of over 10,000 metres of high-priority drill targets at Arrowhead. The company has invested more than $6 million in exploration since 2021, conducted extensive geophysical and seismic surveys, leveraged AI-based targeting, and strengthened stakeholder relations, while earning industry recognition as Gold Explorer of the Year and now planning a Phase 2 drill program at Arrowhead and exploring joint venture or sale options for Bazooka to unlock further value for shareholders.

The most recent analyst rating on (TSE:OPW) stock is a Hold with a C$0.08 price target. To see the full list of analyst forecasts on Opawica Explorations stock, see the TSE:OPW Stock Forecast page.

Spark’s Take on TSE:OPW Stock

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

The score is primarily held back by weak financial performance: no revenue, recurring losses, and consistently negative cash flow with a notable increase in 2025 cash burn, despite low debt. Technicals add modest pressure as the stock trades below major moving averages with negative MACD. Valuation provides limited support because the company is loss-making and no dividend yield is available.

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

More about Opawica Explorations

Opawica Explorations Inc. is a Vancouver-based mineral exploration company focused on gold projects in Quebec, particularly in the Rouyn-Noranda camp. Its key assets include the 100%-owned Arrowhead and Bazooka properties, both located in highly prospective greenstone belts and in proximity to major deposits and operating mines, positioning the company within a prominent Canadian gold mining district.

Average Trading Volume: 62,076

Technical Sentiment Signal: Sell

Current Market Cap: C$3.07M

For detailed information about OPW stock, go to TipRanks’ Stock Analysis page.

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