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An update from Power Metals Corp ( (TSE:PWM) ) is now available.
Power Metals Corp has resumed and advanced field programs at its Case Lake Project in Ontario, completing groundwater well drilling and biological studies, and progressing surface hydrology and environmental geochemistry work at the West Joe dyke. These studies, conducted in collaboration with traditional landowners and environmental consultants, indicate no major flora or fauna risks so far and are designed to support permitting and environmental mitigation strategies that keep the project on schedule. The company is actively engaging with the Ontario government to advance its One Process One Permit application, aiming to streamline approvals as it targets the start of mining operations this year and commercial cesium oxide production with partner Albemarle in 2026, positioning Case Lake as a cornerstone of a new North American cesium supply chain.
The most recent analyst rating on (TSE:PWM) stock is a Hold with a C$0.77 price target. To see the full list of analyst forecasts on Power Metals Corp stock, see the TSE:PWM Stock Forecast page.
Spark’s Take on TSE:PWM Stock
According to Spark, TipRanks’ AI Analyst, TSE:PWM is a Neutral.
The score is held back primarily by the lack of revenue, ongoing losses, and continued cash burn despite some improvement. A debt-free balance sheet with solid equity provides meaningful support, but technical indicators remain weak-to-neutral and valuation is constrained by negative earnings and no dividend data.
To see Spark’s full report on TSE:PWM stock, click here.
More about Power Metals Corp
Power Metals Corp is a Canadian mineral exploration and development company focused on its Case Lake Project in northeastern Ontario, targeting cesium and related critical minerals. The project aims to supply a new, integrated North American cesium supply chain through low-capital, high-value mining and downstream processing partnerships, including a commercial production agreement with Albemarle for cesium oxide.
Average Trading Volume: 186,548
Technical Sentiment Signal: Buy
Current Market Cap: C$133.5M
Learn more about PWM stock on TipRanks’ Stock Analysis page.