Company Overview:

Fuerte Metals Corporation (TSXV: FMT) is a Canadian exploration and development company focused on advancing high-potential precious metals and base metals projects across the Americas. Their flagship asset is the 100%-owned Coffee Project in the Yukon, Canada - a high-quality gold project advancing through the final stages of permitting, engineering, and resource expansion drilling in preparation for a construction decision.

This Report covers the Price Action, Technical Indicators Analysis along with the Support Levels, Resistance Levels, and Recommendations on this stock.  

Fundamental Highlights:

• Decent Balance Sheet After Oversubscribed Financing: Fuerte Metals Corporation has removed near-term funding risk with a CAD 17.25 mn brokered flow-through financing. The raise meaningfully strengthens liquidity and allows management to focus entirely on execution. For a junior explorer, balance sheet certainty is a major de-risking event.
• Premium Flow-Through Pricing Signals Confidence: Shares were issued at CAD 5.25 - 6.04, a decent price point for a flow-through raise. This reflects investor confidence in asset quality and exploration potential. It also limits dilution compared to distressed junior financings.
• Clear Capital Allocation to Flagship Asset: All proceeds are earmarked for exploration at the Coffee Gold Project. This keeps the strategy focused and avoids capital leakage into non-core assets. Concentrated spending improves the odds of a meaningful discovery outcome.

Key Risk:

Exploration risk remains high, as drilling may fail to deliver economic discoveries. The company has no operating cash flow and remains dependent on capital markets long term. Gold price volatility can affect investor sentiment toward juniors. Project concentration at Coffee Gold also increases asset-specific risk if results disappoint.

FMT’s Technical Observation:

FMT is trading at CAD 6.27, up 11.76% from the previous close., extending its uptrend after a powerful breakout in the second half of 2025. The stock has delivered a sharp rally from CAD 2 levels earlier in the year, followed by a brief consolidation phase before resuming its upward move. Price action remains firmly above the CAD 5.00 - 5.30 support zone, highlighting sustained buying interest and decent trend continuation. The RSI is currently around 75.6502, indicating bullish momentum and edging into overbought territory. While this reflects aggressive buying pressure, it also suggests near-term consolidation cannot be ruled out. Overall, the technical structure remains positive, with higher highs and higher lows intact, supported by healthy momentum and improving sentiment across the broader metals and mining space.

FMT’s Daily Price Chart

As per the above-mentioned price action and technical indicators analysis, a ‘Speculative Buy’ rating has been given Fuerte Metals Corporation (TSXV: FMT) at the closing market price of CAD 6.27, as of 31 December, 2025. 

Individuals can evaluate the stock based on the support and resistance levels provided in the report in case of keen interest taking into consideration the risk-reward scenario. 

Markets are trading in a highly volatile zone currently due to certain Macro & Micro-economic data and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance. 

Note 2: Investment decisions should be made depending on an individual’s appetite for upside potential, risks, and any previous holdings. This recommendation is purely based on technical analysis, and fundamental analysis has not been considered in this report. Individuals can consider exiting from the stock if the Target Price or Stop loss mentioned as per the technical analysis has been achieved and is subject to the factors discussed above. 

Note 3: Related Risks: This report may be looked at from a high-risk perspective and recommendations are provided for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the stocks has not been considered in the decision-making process. Other factors which could impact the stock prices include market risks, regulatory risks, interest rate risks, currency risks, social and political instability risks etc.

Note 4: How to Read the Charts?

The Yellow color line reflects the 20-period moving average. SMA helps to identify existing price trends. If the prices are trading above the 20-period moving average, then it shows prices are currently trading in a bullish trend.

The Purple color line in the chart’s lower segment reflects the Relative Strength Index (14-Period) which indicates price momentum and signals momentum in trend. A reading of 70 or above suggests overbought status while a reading of 30 or below suggests an oversold status.

The Ink Blue color lines are the trend lines drawn by connecting two or more price points and used for trend identification purposes. The trend line also acts as a line of support and resistance.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.

The reference date for all price data, currency, technical indicators, support, and resistance levels is 31 December 2025. The reference data in this report has been partly sourced from REFINITIV.

Abbreviations

CMP: Current Market Price

SMA: Simple Moving Averages

CAD: Canadian Dollar

RSI: Relative Strength Index

USD: United States dollar 

Note: Trading decisions require a thorough analysis by individuals. Technical reports in general chart out metrics that may be assessed by individuals before any stock evaluation. The above are illustrative analytical factors used for evaluating stocks; other parameters can be looked at along with additional risks per se. Past performance is neither an indicator nor a guarantee of future performance.