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Silver Bullet Mines Corp ( (TSE:SBMI) ) has shared an announcement.
Silver Bullet Mines Corp. has signed a one-year, renewable agreement with a major industry client to direct ship up to 12,000 tons of crushed material from its KT Gold and SC Silver mines in Arizona starting in the first quarter of 2026, without impacting existing milling operations. The deal, which uses London precious metals pricing and provides 80% provisional payments shortly after shipment documentation, is expected to create a significant new revenue stream, support expanded recovery of lower-grade ore amid higher metal prices, increase daily volumes while preserving high-grade underground material, and help fund mill throughput expansion and underground development, while the company also reports its fourth batch of concentrate ready for pickup and settles debenture interest through share issuance.
Spark’s Take on TSE:SBMI Stock
According to Spark, TipRanks’ AI Analyst, TSE:SBMI is a Underperform.
Silver Bullet Mines Corp’s overall stock score is heavily impacted by its financial instability, marked by persistent losses and high leverage. While recent corporate developments and technical indicators offer some positive aspects, the company’s negative valuation metrics and financial health present significant risks.
To see Spark’s full report on TSE:SBMI stock, click here.
More about Silver Bullet Mines Corp
Silver Bullet Mines Corp. is a Canadian junior mining company focused on the exploration and production of precious metals, primarily gold and silver, from its KT Gold Mine and SC Silver Mine in the Globe area of Arizona. The company operates a wholly owned nearby mill that processes mineralized material into concentrate for sale, and it targets growth through long-term offtake agreements with large industry participants in the precious metals market.
Average Trading Volume: 192,737
Technical Sentiment Signal: Buy
Current Market Cap: C$30.27M
For detailed information about SBMI stock, go to TipRanks’ Stock Analysis page.