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Heliostar Marks First Gold Pour in San Agustin Mine Restart, Lifts 2026 Output Outlook

Story Highlights
  • Heliostar restarted San Agustin on time and on budget, achieving its first gold pour.
  • Stronger output and low costs from San Agustin are set to fund growth projects and potential mine-life extensions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

Heliostar Metals ( (TSE:HSTR) ) just unveiled an announcement.

Heliostar Metals has achieved the first official gold pour from its fully owned San Agustin mine in Mexico following a successful restart of operations in late January 2026, with mining, crushing and stacking of new ore resumed on schedule and on budget in the fourth quarter of 2025. The operation is ramping up ahead of internal targets for ore mining rates and recoverable ounces, supporting 2026 production guidance of 30,000–32,700 ounces of gold and contributing to a more than 60% increase in the company’s consolidated production guidance while maintaining an all-in sustaining cost of about $2,000 per ounce; management expects cash flow from San Agustin at budgeted gold prices to fund exploration, capital programs such as a pit expansion at La Colorada and decline development at Ana Paula, and is advancing a 10,000–15,000 metre drill program at San Agustin aimed at extending mine life.

The most recent analyst rating on (TSE:HSTR) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Heliostar Metals stock, see the TSE:HSTR Stock Forecast page.

Spark’s Take on TSE:HSTR Stock

According to Spark, TipRanks’ AI Analyst, TSE:HSTR is a Outperform.

The score is driven primarily by the improved financial profile (profitability step-change and low leverage), supported by constructive technical momentum. Positive project and operational catalysts add support, while below-ideal cash conversion and the sustainability of the recent earnings jump keep the score from rating higher.

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

More about Heliostar Metals

Heliostar Metals is a gold-focused mining company aiming to grow into a mid-tier producer, concentrating on increasing production and expanding resources at its La Colorada and San Agustin mines in Mexico, while advancing its fully owned Ana Paula gold project in Guerrero, Mexico.

Average Trading Volume: 708,423

Technical Sentiment Signal: Buy

Current Market Cap: C$767.2M

Find detailed analytics on HSTR stock on TipRanks’ Stock Analysis page.

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