Globe says Sitka Gold maintained at "speculative buy"
Sitka Gold Corp (C:SIG)
Shares Issued 371,865,467
Last Close 8/21/2025 $0.73
Friday August 22 2025 - In the News
The Globe and Mail reports in its Friday, Aug. 22, edition that Paradigm Capital analyst Lauren McConnell has reiterated her "speculative buy" recommendation for Sitka Gold. The Globe's David Leeder writes in the Eye On Equities column that Ms. McConnell jacked her share target up by 50 cents to $1.70. Analysts on average target the shares at $1.48. Ms. McConnell says in a note: Despite a strong year-to-date performance (up 77 per cent), we believe investor awareness remains underappreciated -- Sitka still holds significant upside. Sitka is still early in a multi-year rerate cycle, and we continue to see it as one of the most compelling junior gold equities for H2/25. Sitka Gold offers one of the most compelling exploration stories in the Yukon, with its flagship RC Gold project already hosting 2.8Moz at Blackjack and Eiger and rapidly expanding through high-grade step-outs (e.g., 352.8m at 1.55 g/t including 108.9m at 3.27 g/t in Hole 75). With a fully funded 30,000 m drill program, multiple emerging discoveries such as Rhosgobel (166.0m at 1.14 g/t from surface), strong infrastructure advantages, and trading at a steep discount to peers on an EV/oz basis, we see significant rerating potential."
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