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AbraSilver Resource ( (TSE:ABRA) ) has provided an update.
AbraSilver reported the final assay results from its Phase V diamond drilling program at the Diablillos project, with standout high-grade, near-surface silver-gold intercepts at the JAC zone, including 17 metres grading 432 g/t silver and 1.10 g/t gold and 13 metres at 477 g/t silver. These results extend mineralization beyond the current resource envelope between JAC and the Oculto deposit and will be incorporated into an updated Mineral Resource estimate that underpins the Definitive Feasibility Study scheduled for completion in the second quarter of 2026, reinforcing the project’s growth potential and supporting the company’s ongoing exploration and development strategy.
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 precious metals exploration and development company focused on advancing its wholly owned Diablillos silver-gold project in Argentina. The company targets large-scale, near-surface silver and gold resources, aiming to expand its mineral inventory and progress the project toward feasibility and potential future production in the Latin American mining sector.
Average Trading Volume: 528,809
Technical Sentiment Signal: Buy
Current Market Cap: C$2.1B
See more insights into ABRA stock on TipRanks’ Stock Analysis page.