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Silver Elephant Mining ( (TSE:ELEF) ) has provided an announcement.
Silver Elephant Mining Corp. has commenced toll milling of silver-bearing material from its Apuradita Paca Project in Bolivia, delivering over 1,200 tonnes to the facility. The company has signed a concentrate off-take agreement with a major international buyer, with the first shipment expected in October 2025, and aims for a monthly production target of 1,000 to 1,500 tonnes. This development is expected to enhance Silver Elephant’s operational capabilities and market positioning, potentially benefiting stakeholders through increased production and sales.
Spark’s Take on TSE:ELEF Stock
According to Spark, TipRanks’ AI Analyst, TSE:ELEF is a Underperform.
Silver Elephant Mining faces significant financial challenges with zero revenue and mounting losses, which heavily impact its overall stock score. Technical analysis shows some short-term stability but a longer-term bearish trend. Valuation concerns due to a negative P/E ratio and lack of dividends further weigh on the score. Mixed corporate events add complexity, with financial initiatives slightly balancing operational setbacks. Overall, the stock presents high risk with limited immediate upside.
To see Spark’s full report on TSE:ELEF stock, click here.
More about Silver Elephant Mining
Silver Elephant Mining Corp. is a mineral exploration company with gold and silver projects in Bolivia.
Average Trading Volume: 146,791
Technical Sentiment Signal: Sell
Current Market Cap: C$9.62M
Find detailed analytics on ELEF stock on TipRanks’ Stock Analysis page.