Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Peruvian Metals ( (TSE:PER) ).
Peruvian Metals Corp. has reported strong metallurgical results from its Mercedes silver-gold property in central Peru, where recent testing on the Victor II vein achieved recoveries of 97.85% for silver and 92.19% for gold, and testing on the newly identified Charo vein returned recoveries of 92.3% for silver and 74.7% for gold using flotation methods. The company has completed its obligations to acquire a 50% interest in San Maurizo Mines Ltd., which holds 100% of the Mercedes property, and will jointly develop the project with 50% partner Hudson Heartland Ltd., sharing exploration and development costs. With access agreements secured from the local community, a camp established, new roads under construction, and two mining crews set to begin extracting ore from Victor II and Charo in early 2026 for processing at a nearby toll mill, Peruvian Metals is advancing Mercedes toward near-term production while planning a major crosscut to access multiple veins and underground drill sites; the project currently bears a 20% net profit interest that will be removed once US$4 million has been paid, potentially improving future project economics.
The most recent analyst rating on (TSE:PER) stock is a Hold with a C$0.06 price target. To see the full list of analyst forecasts on Peruvian Metals stock, see the TSE:PER Stock Forecast page.
Spark’s Take on TSE:PER Stock
According to Spark, TipRanks’ AI Analyst, TSE:PER is a Neutral.
The score is held back primarily by persistent net losses and recurring negative free cash flow despite improving revenue, which raises sustainability and funding-risk concerns. Technicals are supportive due to a strong uptrend, but overbought signals increase near-term volatility risk. Valuation is also a headwind with a high P/E and no dividend support.
To see Spark’s full report on TSE:PER stock, click here.
More about Peruvian Metals
Peruvian Metals Corp. is a mineral exploration and development company focused on silver and gold projects in Peru, with activities that include property acquisition, permitting support, and designing processing methods to produce precious metal concentrates for the regional mining market.
Average Trading Volume: 140,549
Technical Sentiment Signal: Hold
Current Market Cap: C$7.61M
Learn more about PER stock on TipRanks’ Stock Analysis page.