TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Summa Silver Corp ( (TSE:SSVR) ) has shared an update.
Summa Silver Corp. has announced the issuance of 112,324 common shares as part of the fourth annual payment under amended lease agreements for the Mogollon Project in New Mexico. This move is part of a ten-year lease agreement strategy, allowing the company to continue its exploration efforts in a region known for its historic silver production, potentially enhancing its market position in the mineral exploration industry.
More about Summa Silver Corp
Summa Silver Corp. is a junior mineral exploration company with a focus on high-grade silver projects. The company owns a 100% interest in the Hughes Project in central Nevada and the Mogollon Project in southwestern New Mexico, both of which are historic silver producers that have not seen modern exploration prior to Summa’s involvement.
YTD Price Performance: 42.11%
Average Trading Volume: 112,261
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $33.14M
Learn more about SSVR stock on TipRanks’ Stock Analysis page.