E2 Metals Ltd. (USL) AI Stock Analysis

• Market Cap: AU$649.57M
• Dividend Yield: N/A
• Average Volume (3M): 3.81M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.06
• Revenue Growth: N/A
• EPS Growth: -428.57%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Silver
• EPS (TTM): -0.04
• Shares Outstanding: 618,640,100
• 10 Day Avg. Volume: 3,993,234
• 30 Day Avg. Volume: 3,811,675
• PEG Ratio: >-0.01
• Price to Book (P/B): 7.90
• Price to Sales (P/S): 30.96
• P/FCF Ratio: -4.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.85
• Price Target Upside: 107.87% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: AU$1.00 ▲(12.36% Upside)

The score is held down primarily by weak financial performance (heavy losses and significant cash burn despite revenue growth). Technicals provide meaningful support due to strong trend and positive momentum, while valuation is constrained by negative earnings and no dividend data.

Positive Factors

Low leverage / near-zero debt

Very low debt reduces financial risk and preserves balance sheet flexibility over the medium term. This durable cushion helps the company access capital on better terms, supports working capital needs during cash burn, and gives time to execute operational fixes without imminent solvency pressure.

Sustained revenue growth trend

Double-digit revenue growth across consecutive years indicates improving market traction and addresses scale constraints. If sustained, this top-line momentum can enable operating leverage, spread fixed costs, and form a foundation for margin recovery as the business moves beyond a very small base.

Gross profit turned positive

A shift to positive gross profit signals improving unit economics and potential for profitability if operating costs are controlled. This structural improvement is a prerequisite for long-term margin sustainability and makes future operating leverage and profitable scaling more attainable.

Negative Factors

Deep operating and net losses

Persistently large losses erode equity and limit reinvestment capacity, forcing reliance on external capital. Over months, this undermines strategic flexibility, increases dilution risk, and makes achieving durable profitability harder absent sustained revenue and cost improvement.

Persistent negative cash flow / cash burn

Chronic negative operating and free cash flow indicate the business cannot self-fund growth or cover expenses, heightening financing needs. Over a multi-month horizon this raises execution risk, restricts investment, and increases the likelihood of equity issuance or costly financing.

Volatile equity base and funding dependence

A volatile equity base signals reliance on external capital and exposure to market/valuation swings. Structurally, this creates ongoing dilution risk, constrains long-term planning, and can limit management's ability to fund projects or absorb shocks without repeated fundraising events.

E2 Metals Ltd. Business Overview & Revenue Model

Company Description

Unico Silver Limited engages in the exploration and evaluation of mineral deposits in Australia and Argentina. It explores for gold, silver, and copper deposits. Its flagship property is the Santa Cruz project covering an area of approximately 90,000 hectares located in southern Argentina. The company was formerly known as E2 Metals Limited and changed its name to Unico Silver Limited in March 2023. Unico Silver Limited was incorporated in 2005 and is based in Adelaide, Australia.

How the Company Makes Money

E2 Metals Ltd. generates revenue primarily through the exploration and subsequent development of mineral properties. The company identifies promising gold and silver deposits, which can be sold or developed into mining operations. Revenue is derived from the sale of mineral resources or partnerships and joint ventures with larger mining companies. Additionally, E2 Metals may engage in raising capital through equity financing to fund its exploration activities, which can lead to future revenue from successful mineral discoveries.

E2 Metals Ltd. Financial Statement Overview

Summary

Despite strong percentage revenue growth off a small base and a turn to positive gross profit in FY2025, the company remains deeply unprofitable with very large operating/net losses and persistently negative operating and free cash flow. The balance sheet benefits from very low leverage, but ongoing losses and cash burn materially weaken overall financial quality.

Income Statement

Revenue is growing off a small base (up ~43% in FY2025 and ~14% in FY2024), but the business remains deeply unprofitable with very large operating and net losses in FY2025 (net margin roughly -874%). While gross profit turned positive in FY2025 (after a negative gross margin in FY2024), operating costs continue to overwhelm revenue, and profitability metrics remain highly negative and volatile year-to-year.

Balance Sheet

Leverage is low with essentially no debt in FY2025 (and near-zero debt-to-equity historically), which reduces financial risk and provides flexibility. However, losses are meaningfully eroding shareholder returns (return on equity is strongly negative in FY2025), and the equity base has been volatile (a sharp step down in FY2024 before recovering in FY2025), highlighting dependence on external funding and/or valuation swings.

Cash Flow

Cash generation is weak: operating cash flow and free cash flow are materially negative across all years, with a particularly large cash burn in FY2025. Free cash flow also does not consistently improve (growth is highly volatile), and cash outflows are broadly in line with accounting losses, indicating limited self-funding capacity at this stage.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.72M	2.75M	950.76K	61.47K	0.00	0.00
Gross Profit	3.72M	2.75M	-83.64K	1.06K	-69.57K	-17.97K
EBITDA	-22.78M	-23.75M	-2.95M	-17.69M	-10.11M	-6.16M
Net Income	-24.00M	-24.00M	-2.83M	-17.69M	-8.93M	-5.20M
Balance Sheet
Total Assets	15.02M	15.02M	6.72M	10.45M	11.18M	12.37M
Cash, Cash Equivalents and Short-Term Investments	12.50M	12.50M	5.05M	8.53M	10.68M	11.04M
Total Debt	0.00	0.00	0.00	171.23K	205.19K	0.00
Total Liabilities	4.26M	4.26M	2.66M	3.78M	633.97K	186.28K
Stockholders Equity	10.76M	10.76M	4.06M	10.04M	13.66M	13.86M
Cash Flow
Free Cash Flow	-17.38M	-17.38M	-2.58M	-2.41M	-13.63M	-10.53M
Operating Cash Flow	-17.29M	-17.29M	-2.58M	-5.07M	-13.63M	-10.39M
Investing Cash Flow	-3.71M	-3.71M	-867.05K	-2.66M	5.28M	3.52M
Financing Cash Flow	28.44M	28.44M	-30.50K	5.61M	7.94M	14.52M

E2 Metals Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:USL, the sentiment is Neutral. The current price of 0.89 is below the 20-day moving average (MA) of 1.01, above the 50-day MA of 0.81, and above the 200-day MA of 0.51, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 44.30 is Neutral, neither overbought nor oversold. The STOCH value of 17.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:USL.

E2 Metals Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SVL	54 Neutral	AU$590.85M	-121.74	-2.59%	―	-19.06%	-53.33%
USL	53 Neutral	AU$649.57M	-15.42	-323.90%	―	―	-428.57%
TGM	48 Neutral	AU$240.71M	-18.03	-454.45%	―	―	15.86%
PTR	46 Neutral	AU$111.22M	-49.09	-16.47%	―	―	-19.57%

E2 Metals Ltd. Corporate Events

Unico Silver Appoints New Director Peter Holmes With No Current Shareholdings

Unico Silver Limited has appointed Peter Holmes as a director effective 27 January 2026, according to a filing with the ASX. The company disclosed that Holmes currently holds no relevant interests in Unico Silver securities, either directly or indirectly, and has no interests in any contracts involving the company, underscoring that his appointment does not immediately alter the existing shareholding structure or contractual landscape for current stakeholders.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Bolsters Board as Joaquin and Cerro Leon Move Toward Development

Unico Silver has strengthened its board and executive team with the appointment of veteran mining executive Peter Holmes as Executive Director and Chair of the Technical Committee, and the transition of director Peter Canterbury to an Executive Director role. The company has also introduced a long-term incentive framework tied to key development milestones, aligning management and shareholder interests as it moves Joaquin and Cerro Leon toward feasibility studies, permitting and eventual development. These changes are designed to bolster Unico’s mine construction, project execution and financing capabilities, de-risking the path to reserve definition and a maiden feasibility study while better positioning the company to secure capital and execute its growth strategy in the silver-gold development space.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Director Reshapes Equity Stake Through Option Exercise and Share Sale

Unico Silver Limited has disclosed a change in director Peter Mullens’ interests following the exercise of 2 million unlisted options at $0.27 each into fully paid ordinary shares, alongside the sale of 1.25 million shares at $1.05 per share. After these transactions, Mullens’ direct holdings comprise 2 million fully paid ordinary shares and 2 million unlisted options exercisable at $0.812 expiring in December 2028, while his indirect holding through the Mullens Family Super Fund has been reduced to 18,586 shares, with the company noting that part of the share disposal was undertaken to fund FY26 tax liabilities and the cost of exercising the options, signaling a rebalancing of the director’s equity position rather than a withdrawal of support.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Director Rebalances Holdings After Option Conversion

Unico Silver Limited has reported a change in the interests of director Todd Jarrad Williams, who converted 1.5 million unlisted options into 1.5 million fully paid ordinary shares on 23 January 2026. Following the conversion, Williams disposed of 1.5 million fully paid ordinary shares to fund FY26 tax liabilities and the option exercise, leaving him with 7,779,635 fully paid ordinary shares and 1.5 million unlisted options held directly, along with 8 million performance rights and 1,155,550 shares held indirectly through SMSF TERF Super, thereby slightly rebalancing his mix of equity instruments while maintaining a substantial exposure to the company.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Issues 7.77 Million Shares on Option Conversion

Unico Silver Limited has issued 7,770,000 fully paid ordinary shares following the conversion of an equivalent number of unlisted options on 23 January 2026. The company states that the shares were issued without a prospectus under the Corporations Act’s disclosure exemptions, while confirming ongoing compliance with its financial reporting and continuous disclosure obligations and noting there is no excluded information that would need to be disclosed to the market, clarifying the regulatory status of the new securities for investors.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Seeks ASX Quotation for 7.77 Million New Shares

Unico Silver Limited has applied to the Australian Securities Exchange for quotation of 7,770,000 new fully paid ordinary shares under the code USL, with an issue date of 23 January 2026. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, will expand the company’s listed share capital and may enhance liquidity for shareholders while signalling ongoing capital structuring and potential funding for its resource exploration activities.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Fast-Tracks Joaquin to PFS on Strong Drilling and $50m Funding Boost

Unico Silver’s December 2025 quarter marked a key transition for the Joaquin silver-gold project, with exceptional infill and extensional drilling at La Negra SE, La Morocha and La Morocha SE confirming wide, shallow oxide mineralisation suitable for conventional open-pit mining and supporting a move directly to a Pre-Feasibility Study-level Mineral Resource Estimate. The company ramped up to five drill rigs, initiated geotechnical, metallurgical and environmental baseline studies, and materially strengthened its balance sheet via a $40 million institutional placement and an upsized $10.3 million share purchase plan, ending the quarter with about $66 million in cash to fund accelerated drilling, resource conversion and PFS workstreams that de-risk the project and advance its growth strategies.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Issues 4 Million Shares on Option Conversion, Confirms Regulatory Compliance

Unico Silver Limited has issued 4,000,000 fully paid ordinary shares following the conversion of an equivalent number of unlisted options on 15 January 2026, expanding its share capital base. The company confirmed that the new shares were issued without a prospectus under the Corporations Act, that it is up to date with its financial reporting and continuous disclosure obligations, and that there is no excluded information that would need to be disclosed, signalling regulatory compliance and transparency for investors.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Seeks ASX Quotation for 4 Million New Shares

Unico Silver Limited, listed on the ASX under the code USL, has applied for quotation of 4,000,000 new ordinary fully paid shares. The securities, issued on 15 January 2026 following the exercise or conversion of existing options or other convertible securities, will expand the company’s quoted share capital, potentially enhancing liquidity for investors and reflecting ongoing capital management activities.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Fast-Tracks Joaquin to PFS on Back of Strong La Negra SE Drill Results

Unico Silver has reported exceptional new drill results from the La Negra SE prospect at its Joaquin Project in Argentina, with standout hole JDD113-25 returning 107 metres at 165 grams per tonne silver equivalent from 18 metres, among several broad, shallow oxide silver-gold intercepts over an 850-metre strike that remain open to the southeast and at depth. The continuity and thickness of these mineralised zones, with true thicknesses ranging from 15 to 75 metres, support the potential for bulk open-pit mining and have prompted the company to move directly to a Pre-Feasibility Study-level Mineral Resource Estimate covering La Negra, La Negra SE and La Morocha, while ongoing drilling, geotechnical and comminution programs, and the newly defined La Rubia silver anomaly indicate that Joaquin is transitioning rapidly from exploration to development with additional growth potential along strike.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$0.92 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Director Mullens Increases Indirect Shareholding via SPP

Unico Silver Limited has disclosed a change in the interests of director Peter James Mullens, who increased his indirect shareholding through the Mullens Family Super Fund by acquiring 46,364 fully paid ordinary shares at $0.55 per share via participation in the company’s share purchase plan. Following this transaction, Mullens’ indirect holding rose to 1,268,586 fully paid ordinary shares, while his existing package of 4 million unlisted options remains unchanged, signalling continued financial alignment of the director with the company’s equity performance.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Director Increases Indirect Shareholding via Share Purchase Plan

Unico Silver Limited has reported a change in the indirect security holdings of director Peter Canterbury, who, through Cantley Investments Pty Ltd, increased his stake in the company by acquiring 46,364 fully paid ordinary shares at $0.55 per share via participation in the share purchase plan (SPP). Following this transaction, Cantley Investments now holds 96,364 fully paid ordinary shares in Unico Silver, in addition to 1,000,000 unlisted options exercisable at $0.812 each and expiring on 4 December 2028, signalling continued director support for the company’s capital management initiatives and future growth plans.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Seeks ASX Quotation for 18.8 Million New Shares

Unico Silver Limited has applied to the ASX for quotation of 18,779,299 new fully paid ordinary shares under the code USL, following a previously announced transaction. The issuance, dated 22 December 2025, will increase the company’s quoted share capital and may broaden its investor base and liquidity, although the announcement provides no further details on the underlying transaction or use of proceeds.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Doubles Share Purchase Plan as Investor Demand Lifts Total Raising to $50m

Unico Silver Limited has more than doubled its Share Purchase Plan (SPP) to $10.32 million after receiving applications of over $19 million and a 22% participation rate from eligible shareholders, significantly above the original $5 million target. Together with a previously announced institutional placement, the company has now secured a total of $50 million before costs, with new SPP shares issued on 22 December 2025 and trading commencing on the ASX the following day, and the funds earmarked to advance its Joaquin and Cerro Leon Silver Projects, underscoring strong investor support for its development pipeline.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

E2 Metals Ltd. Announces Director’s Shareholding Reallocation

E2 Metals Ltd. announced a change in the director’s interest notice, indicating a transfer of 55,550 fully paid ordinary shares from a direct holding to the SMSF TERF Super fund account. This change reflects a reallocation of shares within the director’s holdings, with no new shares acquired or disposed of, potentially impacting the director’s financial strategy and investment structure.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Issues 1 Million New Shares

Unico Silver Limited has announced the issuance of 1,000,000 fully paid ordinary shares following the conversion of unlisted options. This move, executed without disclosure under Part 6D.2 of the Corporations Act, indicates the company’s compliance with relevant legal provisions and suggests a strategic step in its financial operations.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Issues 1 Million New Shares

Unico Silver Limited has announced the issuance of 1,000,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code USL. This move is part of the company’s strategic efforts to enhance its market presence and provide liquidity to its shareholders, potentially impacting its market positioning positively.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Announces Director’s Interest Change

Unico Silver Limited has announced a change in the director’s interest notice involving Peter James Mullens. The change involves the acquisition of 2,000,000 unlisted options exercisable at $0.812 each, expiring on December 4, 2028, following shareholder approval at the Annual General Meeting. This adjustment in director’s interests reflects strategic financial maneuvers within the company, potentially impacting its governance and shareholder value.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

E2 Metals Ltd. Announces Director’s Interest Change

E2 Metals Ltd. has announced a change in the interest of its director, Jose Bordogna, involving the acquisition of 1,000,000 unlisted options exercisable at $0.812 each, expiring on December 4, 2028. This change follows shareholder approval at the company’s Annual General Meeting, indicating strategic adjustments in director compensation or incentives, potentially impacting the company’s governance and shareholder relations.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Announces Director’s Acquisition of Performance Rights

Unico Silver Limited has announced a change in the director’s interest in securities, specifically for Director Todd Jarrad Williams. The change involves the acquisition of 8,000,000 unlisted performance rights, which were issued following shareholder approval at the company’s Annual General Meeting. This adjustment in the director’s holdings reflects a strategic move to align interests with company performance, potentially impacting the company’s governance and signaling confidence in future growth.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Issues 1 Million Unquoted Securities

Unico Silver Limited has announced the issuance of 1,000,000 unquoted securities under an employee incentive scheme. These securities, which are not yet quoted on the ASX, are subject to transfer restrictions until the restrictions are lifted. This move is part of the company’s strategy to incentivize employees and align their interests with the company’s growth objectives.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Announces Director’s Interest Change

Unico Silver Limited has announced a change in the director’s interest, specifically regarding Peter Canterbury, who is a director and beneficiary of Cantley Investments Pty Ltd. The change involves the acquisition of 1,000,000 unlisted options, exercisable at $0.812 each and expiring on December 4, 2028, following shareholder approval at the recent Annual General Meeting. This acquisition reflects strategic decisions made by the company to align with shareholder interests and potentially enhance its market position.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Announces Director’s Interest Change

Unico Silver Limited has announced a change in the director’s interest notice, involving Melanie Jaye Leydin. The change includes the acquisition of 1,000,000 unlisted options exercisable at $0.812 each, expiring on December 4, 2028. These options were issued following shareholder approval at the company’s Annual General Meeting.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Issues Unquoted Equity Securities

Unico Silver Limited has announced the issuance of unquoted equity securities, specifically 8 million performance rights and 4 million options, as part of an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions end, potentially impacting employee retention and motivation strategies.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Reports High-Grade Drilling Results at Joaquin Project

Unico Silver Limited has announced significant assay results from its ongoing drill program at the Joaquin Project in Santa Cruz, Argentina. The results confirm the continuity of near-surface mineralization at the La Negra SE and La Morocha SE sites, which are crucial for the company’s maiden feasibility study. The project is part of a larger 30,000m drill program aimed at regional exploration and the delineation of high-confidence silver ounces. The company is advancing its project development with geotechnical drilling and environmental studies, positioning Joaquin as a near-term production opportunity.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Completes $40 Million Share Placement and Launches SPP

Unico Silver Limited has successfully completed a placement of 72,727,273 fully paid ordinary shares at $0.55 each, raising $40 million. The company is also dispatching an offer booklet for a share purchase plan (SPP) to eligible shareholders in Australia and New Zealand, allowing them to subscribe for up to $30,000 worth of shares at the same price. This strategic move aims to strengthen the company’s financial position and potentially enhance its market presence.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Issues New Shares in Compliance with Regulatory Standards

Unico Silver Limited has announced the issuance of 72,727,273 fully paid ordinary shares as part of a placement transaction previously disclosed to the market. The shares were issued without the need for disclosure under the Corporations Act, and the company confirms compliance with relevant legislative provisions, ensuring transparency and adherence to regulatory requirements.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Issues New Shares to Strengthen Market Position

Unico Silver Limited, an entity listed on the Australian Securities Exchange (ASX), has announced the issuance of 72,727,273 fully paid ordinary shares under the ASX security code USL. This move, part of previously announced transactions, signifies Unico Silver Limited’s ongoing efforts to expand its market presence and enhance its capital structure, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Announces Proposed Securities Issue

Unico Silver Limited has announced a proposed issue of securities, including an offer under a securities purchase plan and a placement. The company plans to issue up to 9,090,910 ordinary fully paid securities under the purchase plan and up to 72,727,273 through a placement. The offer aims to enhance the company’s capital structure and potentially improve its market position.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Secures $40M to Accelerate Joaquin Project

Unico Silver Limited (USL) has successfully secured $40 million through a placement of new shares, attracting support from both existing and new institutional investors. This capital injection will enable the company to accelerate its drilling and resource conversion activities at its Joaquin project, moving from three to five rigs, and fast-track its metallurgical and geotechnical programs. The funds will also support USL’s qualification under Argentina’s RIGI investment regime, which offers fiscal benefits, and advance its BEYOND 300 and PLUS 150 strategies. Additionally, USL plans a share purchase plan to raise up to $5 million from eligible retail shareholders, further strengthening its financial position to support ongoing project development.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Initiates Trading Halt for Capital Raising

Unico Silver Limited, a company listed on the Australian Securities Exchange, has requested a trading halt for its ordinary shares. This halt is in anticipation of a proposed capital raising, with trading expected to resume by 18 November 2025 or upon the release of the related announcement. The decision reflects strategic financial planning, potentially impacting stakeholders by influencing the company’s market position and future operations.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

E2 Metals Ltd. Director Acquires Shares, Signaling Confidence

E2 Metals Ltd. has announced a change in the director’s interest, as Peter Canterbury, a director and beneficiary of Cantley Investments Pty Ltd, acquired 50,000 Fully Paid Ordinary Shares through an on-market trade. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and aligning his interests more closely with those of the shareholders.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Announces Successful 2025 AGM Resolutions

Unico Silver Limited announced the results of its 2025 Annual General Meeting, where all resolutions were carried. Key resolutions included the adoption of the remuneration report, election and re-election of directors, ratification of prior issue of placement shares, and approval of long-term incentive performance rights and options to key personnel. These decisions are likely to strengthen the company’s governance structure and incentivize leadership, potentially impacting its strategic direction and stakeholder confidence.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Advances with Promising Discoveries

Unico Silver Limited, trading under the ASX ticker USL, has announced a series of significant developments in its silver exploration projects, particularly at the Joaquin and La Negra sites. These discoveries and drilling results highlight the company’s potential for growth and expansion in the silver mining sector, reinforcing its position as a promising player in the industry.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

Unico Silver Limited Announces New Securities Quotation on ASX

Unico Silver Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is issuing 50,000 ordinary fully paid securities, which will be quoted under the ASX code USL starting November 7, 2025. This move is part of the company’s strategy to enhance its market presence and provide liquidity to its stakeholders.

Unico Silver Announces High-Grade Silver-Gold Discoveries at Joaquin Project

Unico Silver Limited, operating in the mining industry, has announced significant high-grade silver-gold assay results from its Joaquin Project in Santa Cruz, Argentina. The results from the La Morocha, La Negra SE, and La Morocha SE prospects reinforce the project’s potential as a district-scale silver-gold system. The discoveries have extended mineralization in multiple directions, suggesting potential for open-pit development and highlighting the project’s robust scale and continuity.

E2 Metals Director Adjusts Investment Portfolio

E2 Metals Ltd. has announced a change in the director’s interest, specifically for Todd Jarrad Williams, who has converted 2,000,000 unlisted options and 2,000,000 unlisted performance rights into fully paid ordinary shares. This change increases Williams’ direct holding to 7,835,185 fully paid ordinary shares, reflecting strategic adjustments in his investment portfolio within the company.

Unico Silver Limited Issues 4 Million New Shares

Unico Silver Limited has announced the issuance of 4,000,000 fully paid ordinary shares as a result of converting unlisted options and performance rights. This move, made without disclosure under Part 6D.2 of the Corporations Act, indicates the company’s compliance with relevant legal provisions and suggests a strategic step in its capital management efforts.

Unico Silver Limited Announces New Securities Quotation

Unico Silver Limited has announced a new issuance of 4,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code USL. This move follows the exercise of options or conversion of convertible securities, indicating a strategic step to potentially enhance the company’s capital structure and market presence.

Unico Silver Reports Strong September Quarter with Significant Resource Growth

Unico Silver Ltd. reported a strong operational quarter ending September 2025, marked by a 73% increase in the Cerro Leon Mineral Resource Estimate and the restart of a 30,000-meter drill campaign at Joaquin. The company also achieved significant progress in expanding high-grade oxide mineralization across multiple targets, supported by a $25 million equity placement. These developments position Unico Silver to advance its PLUS 150 and BEYOND 300 strategies, with a robust cash position of $28.8 million. The company’s strategic moves, including the completion of a deferred cash payment for the Pinguino properties, enable it to restructure and qualify for Argentina’s new investment incentives, potentially enhancing its market positioning and stakeholder value.