Wallbridge Mining Announces Expanded 2026 Exploration Plan

An update from Wallbridge Mng Co ( (TSE:WM) ) is now available.

Wallbridge Mining Company has announced a fully-funded exploration program and budget for its Quebec-based gold projects in 2026, featuring an increased drilling plan of 25,000 meters, marking a 30% expansion from 2025. The program aims to advance the Martiniere property with 17,000 meters of drilling and further develop its flagship Fenelon project with technical studies and metallurgical test work. The expanded exploration efforts align with favorable market conditions and high gold prices, as the company continues its focus on resource growth and long-term shareholder value.

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 Canadian mining company operating within the gold exploration and mining industry. Its primary focus is on advancing gold projects in northwestern Quebec, including flagship properties like Fenelon and Martiniere, along with other earlier-stage projects such as Casault and Grasset.

Average Trading Volume: 1,823,492

Technical Sentiment Signal: Buy

Current Market Cap: C$103.7M

For a thorough assessment of WM stock, go to TipRanks’ Stock Analysis page.