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Guanajuato Silver Unveils Record 2026 Drilling Plan After Solid 2025 Output

Story Highlights
  • Guanajuato Silver will execute a record 75,000-metre drilling program in 2026.
  • The company aims to grow resources, establish reserves, and de-risk mine plans after robust 2025 production.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Guanajuato Silver Unveils Record 2026 Drilling Plan After Solid 2025 Output

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An announcement from Guanajuato Silver Company ( (TSE:GSVR) ) is now available.

Guanajuato Silver plans a record drilling campaign for 2026, with more than 75,000 metres of infill and exploration drilling across its five producing Mexican mines and the Horcon exploration asset, marking increases of over 700% versus 2025 and more than 1,600% versus 2024. Management says the expanded program is aimed at converting and growing mineral resources, establishing initial reserves at all operations except Bolanitos, and de-risking mine plans for 2026 and 2027, supported by permitting work already under way for surface campaigns, while 2025 output from Bolanitos and the company’s other four mines totaled roughly 1.85 million ounces of silver, over 25,000 ounces of gold, and meaningful lead and zinc production, underscoring a growing production base that could benefit from the planned stepped-up drilling.

The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.96 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.

Spark’s Take on TSE:GSVR Stock

According to Spark, TipRanks’ AI Analyst, TSE:GSVR is a Neutral.

The score is held down primarily by weak financial fundamentals (ongoing losses, high leverage, and negative free cash flow despite improvement). Technicals provide partial support due to a strong uptrend and positive MACD, but extremely overbought RSI/Stoch increases near-term downside risk. Valuation remains unattractive/unclear due to a negative P/E and no dividend yield data.

To see Spark’s full report on TSE:GSVR stock, click here.

More about Guanajuato Silver Company

Guanajuato Silver Company Ltd. is a Mexico-focused junior precious metals producer operating five wholly owned underground mines: Bolanitos, El Cubo, Valenciana Mines Complex, San Ignacio in the state of Guanajuato, and Topia in Durango. The company targets silver and gold production, positioning itself as a leveraged play on silver prices through a growing portfolio of producing assets and exploration properties, including the Horcon project in Jalisco.

Average Trading Volume: 3,917,840

Technical Sentiment Signal: Buy

Current Market Cap: C$705.2M

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

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