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The latest announcement is out from Silver Elephant Mining ( (TSE:ELEF) ).
Silver Elephant Mining Corp. has received a favorable ruling from the Mongolian Tax Tribunal, which dismissed and cancelled a supplementary tax assessment of approximately CAD 24.6 million levied against its subsidiary Redhill Mongolian LLC in connection with an internal restructuring carried out in 2021. The Tribunal’s majority decision, delivered after a January 23, 2026 hearing and deemed final, removes a significant potential financial and legal overhang for the company, reducing uncertainty for investors and allowing management to focus on advancing its core silver-lead-zinc project in Bolivia without the burden of the disputed Mongolian tax liability.
The most recent analyst rating on (TSE:ELEF) stock is a Hold with a C$0.31 price target. To see the full list of analyst forecasts on Silver Elephant Mining stock, see the TSE:ELEF Stock Forecast page.
Spark’s Take on TSE:ELEF Stock
According to Spark, TipRanks’ AI Analyst, TSE:ELEF is a Neutral.
The score is held back primarily by weak financial performance (no revenue, ongoing losses and cash burn, and negative equity). Technicals are relatively supportive with price above key moving averages and a positive MACD, while corporate updates show operational milestones and continued access to small financings, offset by legal/arbitration risk. Valuation is constrained by negative earnings and no stated dividend yield.
To see Spark’s full report on TSE:ELEF stock, click here.
More about Silver Elephant Mining
Silver Elephant Mining Corp. is a mineral exploration company focused on developing a silver-lead-zinc project in Bolivia, positioning itself in the precious and base metals sector with an emphasis on advancing its Bolivian asset.
Average Trading Volume: 134,405
Technical Sentiment Signal: Buy
Current Market Cap: C$18.29M
For an in-depth examination of ELEF stock, go to TipRanks’ Overview page.