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IMPACT Silver ( (TSE:IPT) ) has provided an update.
IMPACT Silver Corp. announced significant drill results from the Juarez Zone at its Plomosas Mine in northern Mexico, indicating high-grade zinc equivalent intersections. These results are expected to enhance mining operations by allowing expansion into new areas, leveraging existing underground infrastructure, and supporting ongoing exploration efforts along the under-explored CRD trend.
The most recent analyst rating on (TSE:IPT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on IMPACT Silver stock, see the TSE:IPT Stock Forecast page.
Spark’s Take on TSE:IPT Stock
According to Spark, TipRanks’ AI Analyst, TSE:IPT is a Neutral.
IMPACT Silver’s overall stock score is primarily impacted by its financial performance, which is characterized by persistent profitability issues and negative cash flows. The technical analysis also indicates a bearish trend, with the stock trading below key moving averages and weak momentum indicators. The valuation is further weakened by a negative P/E ratio and lack of dividend yield, making the stock less attractive to investors.
To see Spark’s full report on TSE:IPT stock, click here.
More about IMPACT Silver
IMPACT Silver Corp. is a producer-explorer with two mining projects in Mexico. The company operates the Royal Mines of Zacualpan Silver-Gold District, which includes multiple underground silver mines and a processing plant, and the Plomosas Zinc-Lead-Silver District, known for its high-grade zinc production and exploration potential.
Average Trading Volume: 1,624,452
Technical Sentiment Signal: Sell
Current Market Cap: C$80.93M
For an in-depth examination of IPT stock, go to TipRanks’ Overview page.