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Why Talamore Mining Corp. stock went up yesterday

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:TALA.TO

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Talamore Mining Corp. saw a notable rise in its stock price following promising drilling results.

Talamore Mining Corp. experienced a significant boost in its stock price, closing up by 4.97% yesterday. This increase is due to the company’s recent announcement about high-grade assay results from its Supremo Extension at the Coffee Gold Project.

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Talamore Mining Corp.

TALA.TO

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TALA.TO

Talamore Mining Corp.

Source:WealthAwesomeWealthAwesome
↓ $2.72 (-27.81%)
45 day period
$6.86$8.63$10.39Aug 12Sep 14Oct 15

Market cap

$1.10B

52W high

$10.46

52W low

$6.84

1W change

-9.25%

Beta

5.91

Analyst Price Targets

Based on analyst covering TALA · as of Sep 30, 2026

📈

Wall Street analysts forecast TALA stock price to rise 107.7% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$14.67

+107.7% Upside

Previously C$14.33 on Sep 17, 2026

Current Price

C$7.06

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on TALA's historical volatility

HistoricalForecast68%95%
C$2.60C$4.76C$6.93C$9.09C$11.25C$13.42TodayAug 12Sep 14Oct 15Nov 27Jan 10Feb 22

30-Day Vol

66.2%

Annualized

90-Day Vol

62.3%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$5.91

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$6.65C$5.29 – C$8.36
60 trading daysC$6.27C$4.54 – C$8.66
90 trading daysC$5.91C$3.98 – C$8.77

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor takeaway: Investors should consider the implications of Talamore's high-grade drilling results, which could enhance the company's resource estimates and overall project viability.

Talamore's Stock Climbs 4.97%

The stock closed at CA$9.72, reflecting strong market interest driven by positive drilling news.

Bull case

The promising assay results suggest a potential upgrade in resource classification. This could boost investor confidence and lead to a higher stock valuation as the company moves closer to a construction decision.

Bear case

Investors should remain cautious, as mining projects can encounter delays and unexpected challenges. These factors may affect future performance and stock price stability.

Positive Drilling Results

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Talamore Mining reported high-grade assay results from its ongoing drilling program at the Supremo Extension of the Coffee Gold Project. Notable results included 12.24 g/t Au over 6.4 m and 6.26 g/t Au over 10.2 m, significantly higher than the current resource grades. This has raised expectations for resource upgrades as the company progresses with its feasibility study.

Market Reaction

The positive news led to a 4.97% increase in Talamore's stock price, closing at CA$9.72. Investors reacted favorably, showing confidence in the company's potential for resource growth and the overall viability of the Coffee Gold Project.

Future Outlook

As Talamore continues its drilling program, the focus will be on converting high-grade ounces into the indicated category. The results from the Supremo Extension could play a crucial role in the company's future development plans, making it an exciting time for investors to keep an eye on TALA.TO.


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Wealth Awesome
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Wealth Awesome

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Published: September 15, 2026
Last Updated: September 28, 2026

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