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Silver Tiger Metals ( (TSE:SLVR) ) has issued an update.
Silver Tiger Metals has filed a Preliminary Economic Assessment for underground mining and an updated Pre-Feasibility Study for the Stockwork Zone at its El Tigre silver-gold project in Sonora, Mexico, using updated consensus metal prices of $38 per ounce silver and $3,200 per ounce gold. The underground PEA outlines a 15-year mine life plus three years of tailings reprocessing, initial capex of $83.5 million, an after-tax NPV of $304 million, an IRR of 42.8%, average annual production of about 2.3 million silver-equivalent ounces, and operating and all-in sustaining costs that suggest robust margins, while being designed as a stand-alone development with potential capital overlap with the open-pit operation. The updated PFS for the Stockwork Zone projects a 10-year mine life, an after-tax NPV of $456 million, an IRR of 65.7%, initial capex of $86.8 million, average annual production of about 4.8 million silver-equivalent ounces at comparatively low operating and sustaining costs, and a high proportion of reserves in the Proven category, collectively indicating a potentially strong economic case and a significant de-risking step for El Tigre that could enhance Silver Tiger’s development profile and attractiveness to investors.
The most recent analyst rating on (TSE:SLVR) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Silver Tiger Metals stock, see the TSE:SLVR Stock Forecast page.
Spark’s Take on TSE:SLVR Stock
According to Spark, TipRanks’ AI Analyst, TSE:SLVR is a Neutral.
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and negative free cash flow). Offsetting this are strong technical momentum and positive corporate milestones (construction approvals and meaningful financings), while valuation remains challenged due to negative earnings and no dividend support.
To see Spark’s full report on TSE:SLVR stock, click here.
More about Silver Tiger Metals
Silver Tiger Metals Inc. is a precious metals exploration and development company focused on advancing its 100%-owned El Tigre silver-gold project in Sonora, Mexico. The project targets both underground high-grade zones and near-surface stockwork mineralization, positioning the company within the silver-gold mining sector with an emphasis on developing economically robust, long-life operations.
Average Trading Volume: 2,208,669
Technical Sentiment Signal: Buy
Current Market Cap: C$554.4M
Learn more about SLVR stock on TipRanks’ Stock Analysis page.