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The latest announcement is out from American Pacific Mining ( (TSE:USGD) ).
American Pacific Mining has outlined terms of its planned arrangement with ICG Silver & Gold Ltd., under which it will sell its Tuscarora and Danny Boy projects in exchange for 11.5 million ICG shares and a contingent US$5 million payment tied to commercial production, distributing 7.5 million of those shares pro rata to existing American Pacific shareholders while retaining 4 million. The company has scheduled a February 18, 2026 shareholder meeting to approve the transaction, expects closing in late February subject to regulatory and court approvals, and has also settled $224,301 in employment-related liabilities by issuing 1,281,722 common shares to former employees, which introduces some equity dilution but removes outstanding obligations from its balance sheet.
The most recent analyst rating on (TSE:USGD) stock is a Hold with a C$0.16 price target. To see the full list of analyst forecasts on American Pacific Mining stock, see the TSE:USGD Stock Forecast page.
Spark’s Take on TSE:USGD Stock
According to Spark, TipRanks’ AI Analyst, TSE:USGD is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing operating losses, and persistently negative operating/free cash flow) and bearish-to-neutral technical signals (below key moving averages with negative MACD). A high P/E without a dividend further pressures the risk/reward, partially offset by positive strategic corporate events (asset monetizations and progress at the Madison project).
To see Spark’s full report on TSE:USGD stock, click here.
More about American Pacific Mining
American Pacific Mining Corp. is a precious and base metals exploration and development company focused on opportunities in the Western United States. Its flagship asset is the 100%-owned, past-producing Madison Copper-Gold Project in Montana, a transaction that earned the company finalist recognition for ‘Deal of the Year’ at the S&P Global Platts Metals Awards in 2021 and 2022.
YTD Price Performance: -5.56%
Average Trading Volume: 299,221
Technical Sentiment Signal: Sell
Current Market Cap: C$37.24M
For detailed information about USGD stock, go to TipRanks’ Stock Analysis page.