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Apollo Gold ( (TSE:APGO) ) has shared an announcement.
Apollo Silver Corp. has engaged Equedia Network Corporation to provide communications and advisory services for a three-month term, with a fee of US$350,000. This partnership aims to enhance Apollo Silver’s market presence and stakeholder engagement as it advances its significant silver projects in the US and Mexico. The engagement is subject to TSX Venture Exchange approval, and Equedia may acquire more shares of Apollo Silver during the agreement term, potentially impacting the company’s market dynamics.
Spark’s Take on TSE:APGO Stock
According to Spark, TipRanks’ AI Analyst, TSE:APGO is a Underperform.
Apollo Gold’s overall stock score reflects significant financial challenges, notably the lack of revenue and persistent losses. While technical indicators show some positive trends, they are offset by poor valuation metrics. Recent corporate events suggest strategic improvements, yet their immediate impact remains uncertain.
To see Spark’s full report on TSE:APGO stock, click here.
More about Apollo Gold
Apollo Silver Corp. is advancing one of the largest undeveloped primary silver projects in the US, known as the Calico Project, which contains a significant silver deposit with barite and zinc credits. The company also has an option on the Cinco de Mayo Project in Chihuahua, Mexico, which hosts a major high-grade, large-tonnage CRD deposit. Apollo Silver is led by an award-winning management team and focuses on growth opportunities in the mining sector.
Average Trading Volume: 221,444
Technical Sentiment Signal: Buy
Current Market Cap: C$211.7M
Learn more about APGO stock on TipRanks’ Stock Analysis page.