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Sun Silver Ltd. ( (AU:SS1) ) has provided an announcement.
Sun Silver Limited has announced a significant upgrade to its Maverick Springs Silver-Gold Project in Nevada, with the total inferred mineral resource increasing by 59 million ounces to 539 million ounces silver equivalent. This expansion, driven by strategic exploration and re-assays, positions Maverick Springs as a key undeveloped silver asset in the U.S., especially in light of recent geopolitical shifts such as China’s export controls and the inclusion of silver on the U.S. Critical Minerals List. The project is expected to play a crucial role in supporting Western supply chain resilience and economic security.
The most recent analyst rating on (AU:SS1) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Sun Silver Ltd. stock, see the AU:SS1 Stock Forecast page.
More about Sun Silver Ltd.
Sun Silver Limited is a company operating in the mining industry, primarily focusing on the exploration and development of silver and gold resources. The company is strategically positioned in the United States, with a significant project known as Maverick Springs, which is gaining importance due to its potential contribution to the domestic silver supply chain.
Average Trading Volume: 2,314,021
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$230.6M
See more data about SS1 stock on TipRanks’ Stock Analysis page.