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An update from Apollo Gold ( (TSE:APGO) ) is now available.
Apollo Silver Corp. participated in a significant industry luncheon with San Bernardino County leaders to discuss the role of mining in economic growth and innovation. The event emphasized the County’s support for responsible mineral development, highlighting the Calico Project’s strategic importance due to its silver, barite, and zinc resources. The project’s location on private land with vested mining rights offers potential for streamlined development, reinforcing Apollo Silver’s commitment to contributing to the local economy and mining legacy.
Spark’s Take on TSE:APGO Stock
According to Spark, TipRanks’ AI Analyst, TSE:APGO is a Underperform.
Apollo Gold’s overall stock score reflects significant financial challenges, notably the lack of revenue and persistent losses. While technical indicators show some positive trends, they are offset by poor valuation metrics. Recent corporate events suggest strategic improvements, yet their immediate impact remains uncertain.
To see Spark’s full report on TSE:APGO stock, click here.
More about Apollo Gold
Apollo Silver Corp. is advancing one of the largest undeveloped primary silver projects in the U.S. through its Calico Project, which hosts a significant silver deposit with barite and zinc credits. These minerals are essential to the US energy, industrial, and medical sectors. The company also holds an option on the Cinco de Mayo Project in Mexico, known for its high-grade carbonate replacement deposit. Apollo Silver is led by an experienced management team focused on exploration and development.
Average Trading Volume: 171,665
Technical Sentiment Signal: Buy
Current Market Cap: C$189.2M
Learn more about APGO stock on TipRanks’ Stock Analysis page.