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Silver Dollar Resources ( (TSE:SLV) ) has issued an announcement.
Silver Dollar Resources has outlined its 2026 exploration program for the La Joya Silver (Cu-Au) Project, emphasizing a strategic pivot toward underground development guided by a reinterpretation of historical data, detailed mapping, and re-logging of drill core. The company is developing five key drill targets aimed at discovering deeper San Martin-style carbonate replacement mineralization around intrusive bodies, including the Central Dyke, El Brazo, North Side, Road Zone and El Puerto magnetic anomaly, where previous sampling and drilling have already returned high-grade silver-equivalent intersections; success in this program could significantly expand La Joya’s mineral resource potential, including new lead and zinc credits, and enhance Silver Dollar’s positioning within the Mexican Silver Belt.
The most recent analyst rating on (TSE:SLV) stock is a Hold with a C$0.73 price target. To see the full list of analyst forecasts on Silver Dollar Resources stock, see the TSE:SLV Stock Forecast page.
Spark’s Take on TSE:SLV Stock
According to Spark, TipRanks’ AI Analyst, TSE:SLV is a Neutral.
The score is held down primarily by weak fundamentals (no revenue, ongoing losses, and persistent cash burn), despite a debt-free balance sheet. Offsetting this, technical indicators show positive momentum and recent corporate updates/financing are constructive, while valuation remains difficult to support due to negative earnings and no dividend yield.
To see Spark’s full report on TSE:SLV stock, click here.
More about Silver Dollar Resources
Silver Dollar Resources is a Canadian mineral exploration company focused on advancing its 100%-owned La Joya Silver (copper-gold) Project in Durango, Mexico, within the prolific Mexican Silver Belt. The company is shifting its development strategy at La Joya from a potential open-pit operation to targeting higher-grade underground mineralization, leveraging similarities to nearby past-producing and operating mines in the region.
YTD Price Performance: 30.77%
Average Trading Volume: 561,286
Technical Sentiment Signal: Buy
Current Market Cap: C$48.4M
See more insights into SLV stock on TipRanks’ Stock Analysis page.