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An announcement from Silver Bullet Mines Corp ( (TSE:SBMI) ) is now available.
Silver Bullet Mines Corp. has entered into a sale agreement with a major buyer for its high-grade silver and gold concentrates from the Super Champ Mine in Arizona. This agreement, effective until June 2026, includes an initial payment of 90% of the concentrate’s estimated value upon pickup, with subsequent payments after verification. The buyer, based in the USA, has the capacity to purchase all production from the Super Champ Mine and potential future increases, positioning SBMI for stable operations and growth without anticipated tariff issues.
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 mining company involved in the extraction and sale of high-grade silver and gold concentrates. The company operates primarily in the mining sector, focusing on its Super Champ Mine in Arizona and Washington Mine in Idaho.
Average Trading Volume: 85,238
Technical Sentiment Signal: Buy
Current Market Cap: C$19.83M
For an in-depth examination of SBMI stock, go to TipRanks’ Overview page.