Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Alianza Minerals ( (TSE:SNAG) ).
On July 15, 2025, Silver North Resources reported that its previously announced C$2.1 million non-brokered flow-through private placement had been fully subscribed and was expected to close shortly, with each C$0.21 flow-through unit consisting of one common share and a half warrant exercisable at C$0.35 over 48 months. To accommodate stronger-than-anticipated demand, the company also launched an additional non-flow-through private placement of up to C$500,000 at C$0.15 per unit for general corporate purposes and project pipeline development, while earmarking the flow-through proceeds for exploration at its Haldane and GDR projects in Yukon, including a 10-hole, 2,500-metre drill program at Haldane to follow up on high-grade silver intercepts from 2024 and field work on a geochemical anomaly at GDR, underscoring Silver North’s drive to advance its Yukon assets and solidify its position as a silver-focused explorer.
The most recent analyst rating on (TSE:SNAG) stock is a Hold with a C$0.43 price target. To see the full list of analyst forecasts on Alianza Minerals stock, see the TSE:SNAG Stock Forecast page.
Spark’s Take on TSE:SNAG Stock
According to Spark, TipRanks’ AI Analyst, TSE:SNAG is a Neutral.
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and cash burn). Technicals are moderately supportive (price above longer-term averages and positive MACD), but valuation remains unattractive/limited due to a negative P/E and no dividend data.
To see Spark’s full report on TSE:SNAG stock, click here.
More about Alianza Minerals
Silver North Resources Ltd., formerly Alianza Minerals, is a Vancouver-based mineral exploration company focused on silver projects in favourable North American jurisdictions. Its primary assets are the 100%-owned Haldane Silver Project in Yukon, adjacent to Hecla Mining’s Keno Hill Mine, the Tim Silver Project in the Silvertip/Midway District under option to Coeur Mining, and the GDR project in the same district. The company is listed on the TSX Venture Exchange under the symbol SNAG, trades on the OTCQB as TARSF, and on the Frankfurt Stock Exchange as I90, and is pursuing additional silver property acquisitions to expand its portfolio.
Average Trading Volume: 265,841
Technical Sentiment Signal: Buy
Current Market Cap: C$29.68M
For detailed information about SNAG stock, go to TipRanks’ Stock Analysis page.