Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An announcement from Soma Gold ( (TSE:SOMA) ) is now available.
Soma Gold Corp. has completed the rehabilitation of the El Bagre flotation circuit, resumed full production throughput, and is nearing the completion of the El Limon Mill rehabilitation. The company has also made significant debt repayments and plans to continue this trend. The enhancements at both mills are expected to increase overall throughput and gold production by 20-40%, positioning Soma for higher production levels in 2026 and beyond.
Spark’s Take on TSE:SOMA Stock
According to Spark, TipRanks’ AI Analyst, TSE:SOMA is a Outperform.
Soma Gold’s overall stock score reflects strong corporate developments and solid financial performance, though tempered by valuation concerns and technical indicators suggesting potential overbought conditions. Strategic initiatives and environmental leadership enhance its growth prospects.
To see Spark’s full report on TSE:SOMA stock, click here.
More about Soma Gold
Soma Gold Corp. is a mining company focused on gold production and exploration, owning two adjacent mining properties in Antioquia, Colombia, with a combined milling capacity of 675 tpd. The company is committed to sustainability and community engagement and also owns an exploration property in Brazil under option to Ero Copper Corp.
Average Trading Volume: 127,110
Technical Sentiment Signal: Buy
Current Market Cap: C$136.2M
For detailed information about SOMA stock, go to TipRanks’ Stock Analysis page.