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Southern Silver Exploration ( (TSE:SSV) ) has shared an announcement.
Southern Silver Exploration Corp. has commenced a drilling program at the newly acquired Puro Corazon claim, part of its Cerro Las Minitas project in Durango, Mexico. This initiative aims to integrate the Puro Corazon claim into the larger project, potentially enhancing resource growth, capital efficiency, and project economics. The program will include extensive core drilling and data compilation to update the project’s resource model, with an updated Technical Report and Preliminary Economic Assessment expected in early 2026. The acquisition and integration of Puro Corazon are anticipated to unlock significant synergies and efficiencies, benefiting stakeholders through improved project economics and operational efficiencies.
The most recent analyst rating on (TSE:SSV) stock is a Buy with a C$0.71 price target. To see the full list of analyst forecasts on Southern Silver Exploration stock, see the TSE:SSV Stock Forecast page.
Spark’s Take on TSE:SSV Stock
According to Spark, TipRanks’ AI Analyst, TSE:SSV is a Neutral.
Southern Silver Exploration shows significant financial weaknesses, with no revenue and persistent losses. The technical indicators are not favorable, reflecting a bearish trend. The company’s valuation metrics are unattractive due to its unprofitability. However, recent corporate events, including successful project advancements and strategic acquisitions, offer a glimmer of potential future growth, slightly improving the outlook.
To see Spark’s full report on TSE:SSV stock, click here.
More about Southern Silver Exploration
Southern Silver Exploration Corp. is an exploration and development company focused on discovering world-class mineral deposits, primarily through its 100% owned Cerro Las Minitas silver-lead-zinc project located in major jurisdictions.
Average Trading Volume: 1,908,082
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$158.2M
For detailed information about SSV stock, go to TipRanks’ Stock Analysis page.