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The latest update is out from Golden Tag Resources ( (TSE:SVRS) ).
Silver Storm Mining has received and begun installing eight new 1,000 ft³ flotation cells at its La Parrilla Silver Mine Complex in Durango, a move that will increase the sulphide flotation circuit’s processing capacity from 1,000 to 1,250 tonnes per day when combined with existing equipment. Two cells are already in place and the remaining six are scheduled for installation in the first quarter of 2026, a key milestone that management says supports plans for a potential restart of operations in the second quarter of 2026 and better aligns the plant with the sulphide-heavy nature of the deposit, potentially enhancing future production efficiency and reinforcing the project’s role in Silver Storm’s growth plans.
The most recent analyst rating on (TSE:SVRS) stock is a Hold with a C$0.70 price target. To see the full list of analyst forecasts on Golden Tag Resources stock, see the TSE:SVRS Stock Forecast page.
Spark’s Take on TSE:SVRS Stock
According to Spark, TipRanks’ AI Analyst, TSE:SVRS is a Neutral.
The score is primarily constrained by weak financial performance (no revenue, widening losses, and ongoing cash burn), only partly offset by low leverage on the balance sheet. Technicals are supportive due to a strong uptrend above major moving averages, but overbought readings (RSI and Stoch) temper the outlook. Valuation remains challenged due to a negative P/E and no dividend yield data.
To see Spark’s full report on TSE:SVRS stock, click here.
More about Golden Tag Resources
Silver Storm Mining Ltd. is a Canadian precious metals company focused on advanced-stage silver projects in Durango, Mexico. Its key asset is the 100%-owned La Parrilla Silver Mine Complex, a historic operation featuring a 2,000 tonne-per-day mill and three underground mines, alongside the wholly owned San Diego Project, one of Mexico’s largest undeveloped silver assets. The company is working toward a potential near-term restart of production at La Parrilla, leveraging its sulphide-dominant mineral resources.
Average Trading Volume: 2,990,407
Technical Sentiment Signal: Buy
Current Market Cap: C$445.8M
Learn more about SVRS stock on TipRanks’ Stock Analysis page.