Claim 70% Off TipRanks This Holiday Season
- 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
Starcore International Mine ( (TSE:SAM) ) just unveiled an announcement.
Starcore International Mines reported a decrease in metal production for the second quarter of fiscal 2026 at its San Martin Mine in Mexico, primarily due to clay presence causing a ‘preg-robbing’ effect and carbon fines absorbing gold and silver. To address these issues, the company optimized its CIL plant, installed filter presses, and began separating processing circuits. These improvements, along with a new cyanide destruction module, are expected to enhance recovery rates and allow processing of stockpiled ore, potentially stabilizing production and maintaining profitability.
The most recent analyst rating on (TSE:SAM) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Starcore International Mine stock, see the TSE:SAM Stock Forecast page.
Spark’s Take on TSE:SAM Stock
According to Spark, TipRanks’ AI Analyst, TSE:SAM is a Neutral.
The overall stock score of 58 reflects a mixed outlook. The most significant factor is the company’s financial performance, which shows challenges in revenue growth and profitability. Technical analysis indicates positive momentum, which is a strong point. However, the high P/E ratio suggests potential overvaluation, and the absence of a dividend yield limits attractiveness for income-focused investors.
To see Spark’s full report on TSE:SAM stock, click here.
More about Starcore International Mine
Starcore International Mines is engaged in precious metals production with a focus on operations in Mexico. The company complements its producing assets with exploration and development projects across North America and has expanded internationally with a project in Côte d’Ivoire. Starcore is recognized for its leadership in Corporate Social Responsibility and commitment to increasing long-term shareholder value.
Average Trading Volume: 296,721
Technical Sentiment Signal: Buy
Current Market Cap: C$34.1M
For detailed information about SAM stock, go to TipRanks’ Stock Analysis page.