GBC Maintains Buy on Antimony Resources, Sets Price Target at CAD 2.52

Bitget2026/10/16 07:01

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GBC maintained Buy on Antimony Resources on October 16, 2026, with a CAD 2.52 target for December 31, 2027.
The slightly lower fair value reflects share dilution outweighing the financing’s cash inflow and a reduced discount for outstanding warrants and options.
A CAD 5 million capital raising completed October 5 generated approximately CAD 4.75 million before further costs to fund Bald Hill exploration.
Recent drilling reinforced high-grade antimony mineralization in the Main Zone, while initial Central Zone results indicated additional potential.
Further geological delineation remains the next key milestone toward an initial mineral resource estimate.

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. Antimony Resources Corp. published the original content used to generate this news brief via EQS News (Ref. ID: rc_27096) on October 16, 2026, and is solely responsible for the information contained therein.

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.

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GBC Maintains Buy on Antimony Resources, Sets Price Target at CAD 2.52

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