Power Metallic Mines: GBC AG reiterates Buy, target price CAD 3.00

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: 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. (C)