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Sierra Madre Gold & Silver Ltd. ( (TSE:SM) ) has issued an announcement.
Sierra Madre Gold & Silver Ltd. has announced a two-stage expansion plan for its La Guitarra silver-gold mine in Mexico, aiming to increase processing capacity by over 50% by Q2 2026 and more than double the current capacity by Q3 2027. This expansion is expected to be self-funded from the company’s treasury and cash flow, without the need for additional capital raises, and aims to drive significant cost savings and operational efficiencies.
Spark’s Take on TSE:SM Stock
According to Spark, TipRanks’ AI Analyst, TSE:SM is a Neutral.
Sierra Madre Gold & Silver Ltd. faces significant challenges with profitability and cash flow, despite some revenue growth. Technical indicators and recent corporate events provide a slightly positive outlook, though the negative valuation metrics and lack of earnings call insights weigh on the overall stock score.
To see Spark’s full report on TSE:SM stock, click here.
More about Sierra Madre Gold & Silver Ltd.
Sierra Madre Gold & Silver Ltd. is a company operating in the mining industry, focusing on the extraction and processing of gold and silver. The company is primarily engaged in the development and expansion of its mining operations, with a market focus on increasing production capacity and efficiency.
Average Trading Volume: 202,415
Technical Sentiment Signal: Buy
Current Market Cap: C$146.2M
Learn more about SM stock on TipRanks’ Stock Analysis page.