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Prismo Metals Inc. ( (TSE:PRIZ) ) has issued an update.
Prismo Metals reported final overlimit silver assays and supporting geophysical results from the Crown porphyry area at its Silver King project in Arizona, confirming high-grade silver mineralization in quartz-sulfide veins and reinforcing the presence of a significant precious-metal and copper system that includes the adjacent Black Diamond replacement zone. A recently completed pole-dipole IP survey has outlined strong chargeability and low-resistivity anomalies associated with the Silver King mine, Crown porphyry, and Black Diamond replacement body, defining robust, three-dimensional drill targets down to roughly 300 meters depth; the company will maintain its near-term focus on a fully funded, 2,000‑metre drill program primarily targeting the historic Silver King mine to test the upper portion of its steeply dipping pipelike structure.
The most recent analyst rating on (TSE:PRIZ) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on Prismo Metals Inc. stock, see the TSE:PRIZ Stock Forecast page.
Spark’s Take on TSE:PRIZ Stock
According to Spark, TipRanks’ AI Analyst, TSE:PRIZ is a Neutral.
The score is held back mainly by weak financial performance (no revenue, ongoing losses, and negative cash flow), partly offset by a clean, low-debt balance sheet. Technicals are moderately supportive with price above key moving averages and a positive MACD, while valuation is limited by negative earnings and no dividend. Corporate events are a modest positive due to encouraging assay results and secured funding, though dilution risk remains.
To see Spark’s full report on TSE:PRIZ stock, click here.
More about Prismo Metals Inc.
Prismo Metals Inc. is a mineral exploration company focused on precious and base metals, targeting high-grade silver, gold, and copper deposits. The company’s Silver King project is located in a well-mineralized district that also hosts major operations such as the historic Magma mine and the Resolution copper deposit, underscoring its strategic positioning within a prolific mining region.
Average Trading Volume: 202,942
Technical Sentiment Signal: Hold
Current Market Cap: C$12.75M
For detailed information about PRIZ stock, go to TipRanks’ Stock Analysis page.