Analysts' Ideas of the Week
Tech Stock Surges 71% Last Week, Following 1,000%+ Yearly Gain
ByFRC Analysts
Disclosure: Articles and research coverage are paid for and commissioned by issuers. See the bottom for other important disclosures, rating, and risk definitions, and specific information.
Highlights
*Disseminated on behalf of Zepp Health Corporation, Lake Resources, South Star Battery Metals, Olympia Financial Group, Denarius Metals, Homerun Resources, Churchill Resources, and Equity Metals Corporation. See the bottom of this report for other important disclosures.
We review the performance of our Top Picks, highlighting a tech stock that surged an impressive 71% in the past week, and an outstanding 1,095% YoY. Our latest Top Picks have gained an average of 86% over the past year, outperforming the benchmark’s 47%. Check out the complete list of our Top Picks by sector on our website. We also provide key updates on companies under coverage, including juniors focused on gold, copper, silver, and silica.
Updates on Resource Companies Under Coverage
Denarius Metals Corp.
PR Title: Starting preparations to restart operations at the Aguablanca project in Spain
Analyst Opinion: Positive - DMET has begun preparations to restart operations at its Aguablanca project in Spain, the country’s only nickel mine, and an EU-recognized strategic project. The plan is to refurbish the project’s 5,000 tpd processing plant, and carry out dewatering to access the underground mine, targeting production by mid-2026, with the potential to produce 70,000 tonnes of Ni-Cu concentrates annually. This will be the company’s second mine in production, following the start of operations at its Zancudo gold project in Colombia in Q2. Additionally, a Preliminary Economic Assessment (PEA) on its Lomero project in Spain is expected in the near term.
Homerun Resources Inc.
PR Title: Partners with Igraine PLC to launch UK pilot for integrated EV charging and battery storage solutions
Analyst Opinion: Positive – HMR has teamed up with a UK-based investing company focused on alternative energy to develop EV charging infrastructure integrated with battery energy storage in the UK. Homerun will contribute technical design and deployment expertise, while the partner will provide commercial reach and client connections. The deal is at an early stage, with terms and profit-sharing yet to be announced, and will begin with a pilot for a major undisclosed UK automaker. This is one of several initiatives Homerun is advancing, alongside its flagship project in Brazil — developing a silica processing plant (feasibility study due this year, production in 2026) and a solar glass facility targeted for 2027.
Equity Metals Corporation
PR Title: Reports first assay results from its 2025 resource expansion drilling at Silver Queen property, B.C. (QP: Robert Macdonald, MSc. P.Geo, VP Exploration of Equity Metals)
Analyst Opinion: Positive - EQTY has reported promising initial results from its 2025 drilling, extending the No. 3 North target, one of its flagship exploration targets. Management plans to complete an updated resource estimate in Q4, incorporating results from the 2023, 2024, and 2025 drilling campaigns. The last resource estimate from 2022 reported 1.04 Moz AuEq (85 Moz AgEq) at 6.2 g/t AuEq (512 g/t AgEq). In an earlier update this year, we predicted that the 2023-2024 programs added 20–30 Moz AgEq in new resources; we will provide our estimate for the 2025 campaign once all results are released.
Churchill Resources Inc.
PR Title: Additional sampling results from the Black Raven project in Newfoundland and Labrador (QP: Dr. Derek H.C Wilton, P.Geo., FGC, Independent QP to Churchill)
Analyst Opinion: Positive – Samples from the Black Raven project, located 1.2 km to the north of the historic Frost Cove antimony mine, returned high grades of up to 9.46% antimony, 35.50 g/t gold, and 1,118 g/t silver. Black Raven hosts two small-scale past-producing gold mines, and multiple showing of antimony, silver, copper, zinc, and lead. Antimony is attracting growing interest among junior resource companies and capital markets due to its vital role in batteries, clean energy, military radar systems, alloys, and semiconductors. On the supply side, China, the dominant producer, has restricted antimony exports, driving prices higher, and sparking a rush to develop antimony projects in North America.
