FWEDFFireweed Metals Corp.
This is the year Fireweed Metals Corp. has to prove it’s more than a speculative story — and the next catalyst is the 2026-10-15 Initial 2026 Drill Campaign, which anchors the price at $2.67 with a bull target of $3.00 and a bear fallback of $2.40 (lean 55%, next step bull). The drill campaign is the first real test of the company’s technical capabilities and resource potential, and if it delivers, it could set the stage for a broader narrative around supply chain resilience and strategic positioning in the U.S. tungsten market. But if it underperforms, the bear path becomes a more immediate concern. Either way, the next few months will be a make-or-break moment for the stock.
The schedule
- Thu15Oct
Launch of initial 2026 drill campaign to assess mineral reserves and production potential.
- Wed25Nov
Quarterly earnings release with guidance on production and revenue performance.
- Mon4Jan
Potential impact of the US DoD ban on Chinese tungsten imports on the company's supply chain and operations.
- Wed24Feb
- Mon15Mar
Feasibility study by Mactung on potential projects or partnerships.
- Tue30Mar
Annual earnings release with performance review and future outlook.
- Wed26May
Quarterly earnings release with early work updates on projects and operational progress.
- Thu15Jul
Potential strategic offtake or project announcement that could impact the company's valuation.
- Wed25Aug
Past
- Wed26Aug
Actual outcome: Bull
The company beat earnings expectations with an EPS of -0.03 vs. estimate of -0.03, signaling no material miss. The positive global tungsten market outlook and forward guidance on cash preservation and field program updates reinforced investor confidence, driving the stock to exceed the bull target of $2.55.
Quarterly financial results focusing on cash preservation and updates to the 2026 Macpass and Mactung summer field programs.