Wallbridge Expands Martiniere Gold Deposit with High-Grade Intercepts

Wallbridge Mng Co ( (TSE:WM) ) has provided an update.

Wallbridge Mining Company Limited announced significant results from its 2025 exploration drilling program at the Martiniere gold project, revealing multiple high-grade gold intercepts. The drilling has expanded the mineralized footprint of the deposit, particularly in the Dragonfly and Horsefly zones, indicating potential for further resource expansion. The company plans to continue its exploration efforts with a second phase of drilling scheduled to commence in mid-July, aiming to further assess and expand the gold resource at Martiniere.

The most recent analyst rating on (TSE:WM) stock is a Buy with a C$0.20 price target. To see the full list of analyst forecasts on Wallbridge Mng Co stock, see the TSE:WM Stock Forecast page.

Spark’s Take on TSE:WM Stock

According to Spark, TipRanks’ AI Analyst, TSE:WM is a Underperform.

Wallbridge Mng Co’s overall score is heavily affected by significant financial challenges, particularly the lack of revenue and continuous losses, which weigh heavily on its prospects. The technical analysis suggests a neutral outlook, while the valuation indicates potential overvaluation. However, recent positive corporate events provide some optimism for future development and stakeholder engagement, slightly improving the outlook.

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

More about Wallbridge Mng Co

Wallbridge Mining Company Limited is a mining company focused on the exploration and development of gold projects. The company operates primarily in the gold mining industry, with its key project being the Martiniere gold project located in Ontario, Canada.

Average Trading Volume: 879,379

Technical Sentiment Signal: Sell

Current Market Cap: C$65.99M

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