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Pantera Silver Advances Exploration at Rakanco Project with Satellite Survey

Story Highlights
  • Pantera Silver is progressing its Satellite Spectral Study at Rakanco to identify mineralization zones.
  • The company plans a drone-based magnetometer survey to refine drill targets at Rakanco.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pantera Silver Advances Exploration at Rakanco Project with Satellite Survey

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Pantera Silver ( (TSE:PNTR) ) just unveiled an update.

Pantera Silver Corp. has made significant progress on its Satellite Spectral Geology and Alteration Study at the Rakanco Silver Project in Bolivia, with the survey now 80% complete. This initiative aims to identify hydrothermal alteration zones and structural features that could indicate silver and base metal mineralization, guiding future exploration efforts. The company plans to follow up with a drone-based magnetometer survey to further refine drill targets, supporting its strategy to de-risk and advance the Rakanco project towards drill readiness.

Spark’s Take on TSE:PNTR Stock

According to Spark, TipRanks’ AI Analyst, TSE:PNTR is a Underperform.

Pantera Silver’s overall stock score is low, driven primarily by weak financial performance, including ongoing losses and cash flow issues. While technical indicators show some positive momentum, and recent corporate events are promising, the lack of profitability and unattractive valuation significantly weigh down the score.

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

More about Pantera Silver

Pantera Silver Corp. is a mineral exploration and development company focused on advancing a silver-focused portfolio of mineral projects. The company aims to enhance shareholder value through collaborative partnerships and experienced technical teams, while also seeking new high-quality projects. Pantera is committed to fostering prosperous communities through responsible business and environmental practices.

Average Trading Volume: 125,271

Technical Sentiment Signal: Buy

Current Market Cap: C$27.12M

For a thorough assessment of PNTR stock, go to TipRanks’ Stock Analysis page.

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