tiprankstipranks
Company Announcements

Andean Silver Boosts Cerro Bayo Project Resource Estimate

Story Highlights
Andean Silver Boosts Cerro Bayo Project Resource Estimate

Discover the Best Stocks and Maximize Your Portfolio:

Mitre Mining Corporation Limited ( (AU:ASL) ) just unveiled an update.

Andean Silver Ltd has reported a significant increase in its mineral resource estimate for the Cerro Bayo Silver-Gold Project in Chile, with a rise of over 80% to 91Moz AgEq. This development underscores the company’s strategic focus on expanding its resource base and enhancing its positioning within the precious metals mining sector. The announcement reflects positively on Andean Silver’s exploration capabilities and potential future output, likely impacting stakeholders by increasing confidence in the company’s operational growth and long-term prospects.

More about Mitre Mining Corporation Limited

YTD Price Performance: 44.44%

Average Trading Volume: 809,851

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$185M

See more insights into ASL stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1