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Pacific Empire Minerals ( (TSE:PEMC) ) just unveiled an update.
Pacific Empire Minerals Corp. has announced the retention of Omineca Drilling Ltd. for a diamond drill program at its Trident copper-gold property in north-central British Columbia, set to commence in September 2025. This program marks the first modern drill campaign targeting high-priority areas, supported by a multi-year Mines Act Permit and improved access, potentially enhancing the company’s exploration capabilities and positioning in the copper-gold sector.
Spark’s Take on TSE:PEMC Stock
According to Spark, TipRanks’ AI Analyst, TSE:PEMC is a Underperform.
The overall score for Pacific Empire Minerals is low due to significant financial struggles with no revenue, continuous losses, and reliance on external financing. The technical analysis also indicates bearish trends. Although the corporate events indicate potential for future resource development, the lack of current profitability and negative valuation metrics heavily weigh down the score.
To see Spark’s full report on TSE:PEMC stock, click here.
More about Pacific Empire Minerals
Pacific Empire Minerals Corp. is a copper exploration company based in Vancouver, British Columbia, trading on the TSX Venture Exchange under the symbol PEMC. The company holds a district-scale land position in north-central British Columbia, totaling 22,541 hectares, and operates in a ‘Green’ copper jurisdiction with abundant hydroelectric power and infrastructure.
Average Trading Volume: 249,229
Technical Sentiment Signal: Buy
Current Market Cap: C$5.59M
For an in-depth examination of PEMC stock, go to TipRanks’ Overview page.