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The latest announcement is out from Soma Gold ( (TSE:SOMA) ).
Soma Gold Corp. has resumed production at its Cordero Mine and El Bagre Gold Complex after a 57-day strike by unionized employees. The strike has led to a reduction in 2025 gold production by approximately 5,000 ounces, impacting third and fourth quarter revenue and profit. However, recent upgrades, including a new leach circuit and oxygen infusion system, have increased gold recovery rates, helping to mitigate some of the impacts. The company expects full operational capacity by early January 2026, with no changes to its 2026 production forecast.
The most recent analyst rating on (TSE:SOMA) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Soma Gold stock, see the TSE:SOMA Stock Forecast page.
Spark’s Take on TSE:SOMA Stock
According to Spark, TipRanks’ AI Analyst, TSE:SOMA is a Outperform.
Soma Gold’s strong financial performance and positive technical indicators are the primary drivers of its overall score. The company’s robust revenue growth and profitability, coupled with a bullish technical outlook, support a favorable assessment. However, the high leverage and potential for a short-term technical pullback slightly temper the overall score.
To see Spark’s full report on TSE:SOMA stock, click here.
More about Soma Gold
Soma Gold Corp. is a profitable mining company focused on gold production and exploration. It owns over 43 square kilometers of mineral concessions in Antioquia, Colombia, and operates two fully permitted mills with a combined milling capacity of 675 tpd. The company is committed to sustainability and community engagement, and it also owns an exploration property in Brazil under option to Ero Copper Corp.
Average Trading Volume: 325,885
Technical Sentiment Signal: Buy
Current Market Cap: C$181.8M
See more insights into SOMA stock on TipRanks’ Stock Analysis page.