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The latest update is out from Power Metallic Mines Inc ( (TSE:PNPN) ).
Power Metallic Mines reported new assay results from its 2025 summer-fall drilling at the Lion Zone, highlighted by 20.40 meters grading 4.11% copper equivalent in hole PML-25-046 and 8.60 meters at 6.34% copper equivalent in hole PML-25-045. The program targeted down-plunge extensions and infill drilling to better define the geometry of the Lion deposit for a potential Indicated resource estimate.
Results confirm and locally expand the high-grade core of the Lion Zone, with significant value carried by palladium, platinum and gold, and suggest additional polymetallic lenses to the west that warrant follow-up drilling. Combined with recently reported strong metallurgical recoveries, the new intersections support plans to ramp up exploration across Lion West and other nearby targets, reinforcing the project’s growth potential for investors and stakeholders.
The most recent analyst rating on (TSE:PNPN) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Power Metallic Mines Inc stock, see the TSE:PNPN Stock Forecast page.
Spark’s Take on TSE:PNPN Stock
According to Spark, TipRanks’ AI Analyst, TSE:PNPN is a Neutral.
The score is held back primarily by weak financial performance driven by ongoing losses and significant cash burn in a pre-revenue phase. Technicals are supportive with a strong uptrend, but overbought signals add near-term risk. Valuation is constrained by negative earnings and no stated dividend yield.
To see Spark’s full report on TSE:PNPN stock, click here.
More about Power Metallic Mines Inc
Power Metallic Mines Inc. is a Toronto-based mineral exploration company focused on polymetallic deposits, including copper, palladium, platinum, gold and nickel. The company is advancing its Lion Zone and surrounding targets with the aim of defining an Indicated mineral resource and strengthening its position in the battery and precious metals space.
Average Trading Volume: 739,760
Technical Sentiment Signal: Buy
Current Market Cap: C$299.1M
See more insights into PNPN stock on TipRanks’ Stock Analysis page.