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
An announcement from Silver Tiger Metals ( (TSE:SLVR) ) is now available.
Silver Tiger Metals released results of a Preliminary Economic Assessment for underground zones and an updated Pre-Feasibility Study for the Stockwork Zone at its El Tigre silver-gold project in Sonora, Mexico, showing robust economics under revised consensus metal price assumptions. The underground PEA outlines a 15-year mine life plus three years of tailings reprocessing, with an after-tax NPV of US$304 million, a 42.8% IRR, modest initial capex of US$83.5 million, and average annual production of about 2.3 million silver-equivalent ounces, with the design able to stand alone from the Stockwork development and leaving additional upside from unexplored northern veins. The updated Stockwork Zone PFS indicates a separate 10-year open-pit operation delivering an after-tax NPV of US$456 million, a 65.7% IRR, low payback of 1.4 years, and around 4.8 million silver-equivalent ounces per year, underpinned by a high proportion of Proven reserves in the starter pit; combined with current spot metal prices, management highlights significantly higher potential NPVs and cash flows, underscoring El Tigre’s potential to become a major high-margin precious metals producer.
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 Canadian precious metals exploration and development company focused on advancing its 100%-owned El Tigre silver-gold project in Sonora, Mexico. The company targets high-grade silver and gold deposits, combining open-pit stockwork mineralization with underground zones to build a long-life, multi-faceted mining operation leveraged to precious metal prices.
Average Trading Volume: 2,155,273
Technical Sentiment Signal: Buy
Current Market Cap: C$503.5M
Find detailed analytics on SLVR stock on TipRanks’ Stock Analysis page.