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Kuya Silver ( (TSE:KUYA) ) just unveiled an announcement.
Kuya Silver reported record fourth-quarter production at its Bethania silver project in Peru, mining 1,999 tonnes of mineralized material while accelerating underground development work, including new sublevels, stopes and improved ventilation, to support higher future mining rates. The quarter also saw the company complete its largest-ever financing of CAD$25.5 million, earmarked primarily for acquiring or constructing a dedicated flotation plant that would shift the operation away from toll milling, enhance recoveries and margins, and position Kuya Silver to better capitalize on higher silver prices and the long-term growth potential of the Bethania district, while added stockpile preparation provides operational flexibility to exploit spare mill capacity in the future.
The most recent analyst rating on (TSE:KUYA) stock is a Hold with a C$0.99 price target. To see the full list of analyst forecasts on Kuya Silver stock, see the TSE:KUYA Stock Forecast page.
Spark’s Take on TSE:KUYA Stock
According to Spark, TipRanks’ AI Analyst, TSE:KUYA is a Neutral.
The score is held back primarily by continued large operating losses and sustained cash burn despite improving revenue and margins, which creates ongoing funding/dilution risk. Offsetting this, technicals are strong (price above major moving averages with positive momentum), and recent corporate updates point to operational progress and encouraging exploration results. Valuation support remains limited due to negative earnings and no stated dividend yield.
To see Spark’s full report on TSE:KUYA stock, click here.
More about Kuya Silver
Kuya Silver Corporation is a Canadian-based silver mining company focused on the exploration, development and production of high-grade silver deposits, with its flagship Bethania silver project complemented by additional concentrate sales from the Silver Kings project. The company operates in the precious metals sector with a strong emphasis on silver, deriving the vast majority of its revenue from silver-in-concentrate sales and aiming to vertically integrate processing to improve margins and operational control in a strengthening silver price environment.
Average Trading Volume: 768,105
Technical Sentiment Signal: Buy
Current Market Cap: C$138M
See more data about KUYA stock on TipRanks’ Stock Analysis page.