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Kuya Silver ( (TSE:KUYA) ) has shared an update.
Kuya Silver Corporation has announced significant advancements in its Bethania Project, with the discovery of new silver vein zones at Millococha Oeste and Millococha Norte, and the expansion of mineralized zones at Bethania Hilltop, Carmelitas, and Tito prospects. This exploration program has increased the overall strike length of silver-mineralized veins outside the Bethania mine by 40%, enhancing the company’s inventory of silver prospects and potentially boosting its market positioning within the silver mining industry.
Spark’s Take on TSE:KUYA Stock
According to Spark, TipRanks’ AI Analyst, TSE:KUYA is a Neutral.
Kuya Silver’s stock score reflects its current financial challenges as a pre-revenue mining company, despite a strong equity position. Technical indicators show bullish momentum, yet overbought signals cause caution. Recent promising mineral discoveries offer potential upside, but the lack of immediate revenue remains a significant risk.
To see Spark’s full report on TSE:KUYA stock, click here.
More about Kuya Silver
Kuya Silver Corporation is a company operating in the mining industry, primarily focused on the exploration and development of silver deposits. The company is engaged in identifying and expanding silver mineralization prospects, with a significant focus on the Bethania Project, which spans a 4,500-hectare concession package.
Average Trading Volume: 208,701
Technical Sentiment Signal: Buy
Current Market Cap: C$60.08M
Find detailed analytics on KUYA stock on TipRanks’ Stock Analysis page.