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Apollo Silver Launches Economic Study and Exploration Push at Calico Project

Story Highlights
  • Apollo Silver hired SLR to conduct a PEA and advise on metallurgical and geotechnical work at its Calico silver project.
  • A high‑resolution airborne geophysical survey was completed to refine geology and generate new drill targets at Calico.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An update from Apollo Gold ( (TSE:APGO) ) is now available.

Apollo Silver has appointed SLR Consulting to lead a Preliminary Economic Assessment for its Calico Silver Project in California, while also advising on metallurgical and geotechnical programs that will shape mine design and processing plans. The work is intended to refine recovery methods, optimize an eventual processing flowsheet and advance Calico along the development path toward potential production.

In parallel, the company completed a 632-line‑kilometre high‑resolution airborne magnetic and radiometric survey over its Waterloo and Mule properties to improve geological interpretation and define new drill targets. Management believes this integrated technical and exploration program could unlock further discoveries at Calico, potentially enhancing the project’s resource base and strengthening Apollo Silver’s position in the U.S. primary silver sector.

The most recent analyst rating on (TSE:APGO) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Apollo Gold stock, see the TSE:APGO Stock Forecast page.

Spark’s Take on APGO Stock

According to Spark, TipRanks’ AI Analyst, APGO is a Neutral.

The score is primarily held back by weak financial performance—no revenue, widening losses, and sharply higher cash burn—despite a low-debt balance sheet. Technicals are also unfavorable with the price below key moving averages and negative MACD, though near-oversold indicators provide slight support. Valuation contributes limited insight due to negative earnings and no dividend yield data.

To see Spark’s full report on APGO stock, click here.

More about Apollo Gold

Apollo Silver is a Canadian mineral exploration and development company focused on advancing its Calico Silver Project in San Bernardino County, California, which hosts one of the largest undeveloped primary silver deposits in the United States. The company is positioning Calico as a future silver producer through staged technical studies, mine planning and systematic exploration work across its Waterloo and Mule properties.

Average Trading Volume: 317,392

Technical Sentiment Signal: Hold

Current Market Cap: C$221.1M

For detailed information about APGO stock, go to TipRanks’ Stock Analysis page.

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