Pacific American Holdings Ltd. (AU:AVM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Pacific American Holdings Ltd., through its subsidiary Advance Metals, is set to acquire the Yoquivo Silver Project in Mexico, a site with a substantial foreign resource estimate of 17.23 million ounces of silver equivalent. This acquisition comes amid record-high silver prices and offers significant potential for mineralization through further exploration and drilling. The project, previously managed by Golden Minerals, has demonstrated high-grade silver drill intersections, making it a promising venture for investors.
For further insights into AU:AVM stock, check out TipRanks’ Stock Analysis page.