GBC AG reiterates Buy on Power Metallic Mines, sets price target at EUR 1.86
Bitget2026/10/06 09:01GBC AG reiterated a Buy rating on Power Metallic Mines, setting a target price of EUR 1.86 for Dec. 31, 2027. The report highlighted Lion’s initial mineral resource estimate of 4,145,000 tonnes indicated at 3.86% CuEq. It also cited 601,000 tonnes inferred at 4.01% CuEq, totaling about 406 million pounds of copper equivalent. GBC raised its valuation approach for Lion and Tiger to CAD 660 million from CAD 570 million. The analysts pointed to deep drilling that suggests mineralization continues below the current resource model, supporting potential resource growth. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Metallic Mines Inc. published the original content used to generate this news brief via EQS News (Ref. ID: rc_26998) on October 06, 2026, and is solely responsible for the information contained therein.
- GBC AG reiterated a Buy rating on Power Metallic Mines, setting a target price of EUR 1.86 for Dec. 31, 2027.
- The report highlighted Lion’s initial mineral resource estimate of 4,145,000 tonnes indicated at 3.86% CuEq.
- It also cited 601,000 tonnes inferred at 4.01% CuEq, totaling about 406 million pounds of copper equivalent.
- GBC raised its valuation approach for Lion and Tiger to CAD 660 million from CAD 570 million.
- The analysts pointed to deep drilling that suggests mineralization continues below the current resource model, supporting potential resource growth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.

Quantumrail Cancels 10 Billion Won Convertible Bond Offering
