An update from AbraSilver Resource ( (TSE:ABRA) ) is now available.
AbraSilver Resource Corp. has selected Worley Limited as the engineering contractor for the Definitive Feasibility Study of its Diablillos silver-gold project in Argentina. This partnership aims to advance the project towards a construction decision by the second half of 2026, with the study focusing on optimizing mine planning and infrastructure. The results are expected in Q1/2026, alongside key milestones like EIA approval and qualification under Argentina’s investment incentive regime, potentially enhancing the project’s viability and stakeholder confidence.
Spark’s Take on TSE:ABRA Stock
According to Spark, TipRanks’ AI Analyst, TSE:ABRA is a Neutral.
AbraSilver Resource’s overall score reflects its financial struggles, particularly in terms of profitability and cash flow, which are significant concerns. However, strong corporate events, including promising exploration results and strategic financing, provide optimism for future growth and development, somewhat balancing the negative aspects.
To see Spark’s full report on TSE:ABRA stock, click here.
More about AbraSilver Resource
AbraSilver is an advanced-stage exploration company focused on advancing its 100%-owned Diablillos silver-gold project in Argentina. The company has a significant mineral reserve and is also involved in a joint venture on the La Coipita project. AbraSilver is listed on the Toronto Stock Exchange and the OTCQX in the U.S.
YTD Price Performance: 0.17%
Average Trading Volume: 160,038
Technical Sentiment Signal: Sell
Current Market Cap: $276.9M
See more data about ABRA stock on TipRanks’ Stock Analysis page.