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AbraSilver Resource ( (TSE:ABRA) ) has issued an update.
AbraSilver Resource Corp. has secured approval for its Diablillos silver-gold project under Argentina’s Large Investment Incentive Regime, a federal framework that offers long-term fiscal stability and favorable tax, customs, and foreign-exchange terms for major developments. With both Salta and Catamarca provinces participating in the regime, the company expects materially improved project economics and greater certainty as Diablillos advances toward its next development phase.
The company is now targeting key milestones including receipt of the Environmental Impact Assessment by the end of the first quarter of 2026 and completion of a Definitive Feasibility Study in the second quarter, underpinning a planned 9,000-tonne-per-day tank leach operation. In parallel, AbraSilver is updating mineral reserves, conducting value engineering, evaluating a potential supplemental heap leach operation, and preparing early works to enable a formal construction and financing decision once remaining permits and customary conditions are met.
The most recent analyst rating on (TSE:ABRA) stock is a Buy with a C$13.50 price target. To see the full list of analyst forecasts on AbraSilver Resource stock, see the TSE:ABRA Stock Forecast page.
Spark’s Take on TSE:ABRA Stock
According to Spark, TipRanks’ AI Analyst, TSE:ABRA is a Neutral.
AbraSilver Resource’s overall score is heavily impacted by its financial struggles, particularly the lack of revenue and negative cash flow. However, strong corporate events and some positive technical indicators provide potential upside. The negative valuation metrics continue to weigh on the overall attractiveness of the stock.
To see Spark’s full report on TSE:ABRA stock, click here.
More about AbraSilver Resource
AbraSilver Resource Corp. is a Canadian mineral exploration and development company focused on advancing its flagship Diablillos silver-gold project in Argentina’s Puna region. The property, acquired in 2016, hosts multiple shallow oxide silver-gold deposits and a large porphyry complex, positioning the company within a prolific Andean epithermal and porphyry belt with year-round road access and significant exploration drilling completed to date.
YTD Price Performance: 64.89%
Average Trading Volume: 677,424
Technical Sentiment Signal: Buy
Current Market Cap: C$2.82B
Learn more about ABRA stock on TipRanks’ Stock Analysis page.