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Silver Range Resources ( (TSE:SNG) ) has issued an update.
Silver Range Resources reported an active fall 2025 field season across several gold-focused properties in the U.S. Southwest, underscoring its strategy of advancing early-stage exploration assets for partnership or option. The company completed extensive soil and rock sampling at its Alamo Property in Arizona, concluded airborne magnetic and radiometric surveys and shallow diamond drilling at the East Goldfield Property in Nevada, and significantly expanded its Sniper Property claim package near Gold Point from 4 to 14 claims to capture newly available showings. While all assay results from these programs are still pending, the work and planned resumption of drilling at East Goldfield in spring 2026 indicate continued investment in building drill-ready targets that could enhance the value of Silver Range’s portfolio for existing and prospective joint venture partners.
The most recent analyst rating on (TSE:SNG) stock is a Hold with a C$0.17 price target. To see the full list of analyst forecasts on Silver Range Resources stock, see the TSE:SNG Stock Forecast page.
Spark’s Take on TSE:SNG Stock
According to Spark, TipRanks’ AI Analyst, TSE:SNG is a Neutral.
The score is held back primarily by weak financial performance (no revenue, recurring losses, and cash burn) and a negative P/E with no dividend support. These are partially offset by positive technical momentum, with price above key moving averages and a positive MACD.
To see Spark’s full report on TSE:SNG stock, click here.
More about Silver Range Resources
Silver Range Resources Ltd. is a precious metals prospect generator focused on the Southwestern United States. The company has built a portfolio of 36 exploration properties, with 12 currently optioned to partner companies and nine royalty interests on previously vended projects, and is actively pursuing additional joint venture partners to advance its gold and silver targets.
Average Trading Volume: 60,324
Technical Sentiment Signal: Buy
Current Market Cap: C$16.73M
For an in-depth examination of SNG stock, go to TipRanks’ Overview page.