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Silver’s New Status Boosts Apollo Silver’s Prospects

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Silver’s New Status Boosts Apollo Silver’s Prospects

Meet Your ETF AI Analyst

Apollo Gold ( (TSE:APGO) ) has shared an announcement.

Apollo Silver Corp. announced that silver has been added to the US Geological Survey’s 2025 List of Critical Minerals, highlighting its growing importance to US economic and national security. This inclusion is expected to increase investor attention and support for domestic silver mining, benefiting Apollo’s Calico Silver Project, which hosts the second largest primary silver deposit in the US. The designation of silver as a critical mineral emphasizes its strategic value, particularly given the US’s reliance on imports for 64% of its silver consumption in 2024. This development could streamline permitting processes for Apollo’s projects under the Fast-41 program, enhancing its industry positioning and potential stakeholder benefits.

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 a company focused on advancing significant undeveloped primary silver projects in the United States. The company’s flagship project, the Calico Project, is located in San Bernardino County, California, and is recognized for its large, bulk minable silver deposit with additional barite and zinc credits. Apollo Silver also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which features a major carbonate replacement deposit. The company is led by an experienced management team and is committed to delivering value through exploration and development.

Average Trading Volume: 218,646

Technical Sentiment Signal: Buy

Current Market Cap: C$199.3M

For an in-depth examination of APGO stock, go to TipRanks’ Overview page.

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