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Pacific Empire Minerals ( (TSE:PEMC) ) has issued an announcement.
Pacific Empire Minerals reported final assay results from diamond drill hole DD25-TRI-001 at its Trident copper-gold project in north-central British Columbia, confirming a continuous mineralized interval grading 0.93% copper equivalent over 240 metres from near surface to 249 metres depth. The hole, drilled to 503 metres, also intersected several narrower mineralized zones at depth and encountered multiple fault zones that may influence the distribution of copper-gold mineralization, underscoring both the promising scale and grade of the A Zone porphyry system and the need for further drilling and geological modelling to better define the geometry and structural controls of the deposit.
The most recent analyst rating on (TSE:PEMC) stock is a Hold with a C$0.14 price target. To see the full list of analyst forecasts on Pacific Empire Minerals stock, see the TSE:PEMC Stock Forecast page.
Spark’s Take on TSE:PEMC Stock
According to Spark, TipRanks’ AI Analyst, TSE:PEMC is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn). Technicals are supportive but overextended, while valuation lacks support due to unprofitability and no dividend. Recent corporate events are a meaningful positive, highlighting strong drill results and funding to advance the Trident program.
To see Spark’s full report on TSE:PEMC stock, click here.
More about Pacific Empire Minerals
Pacific Empire Minerals Corp. is a Vancouver-based mineral exploration company focused on copper-gold projects in British Columbia, with its activities centred on identifying and advancing porphyry-style deposits such as those at its Trident copper-gold project in the province’s north-central region.
Average Trading Volume: 834,104
Technical Sentiment Signal: Buy
Current Market Cap: C$27.42M
Find detailed analytics on PEMC stock on TipRanks’ Stock Analysis page.