Added to YB: 2026-07-24
Pitch date: 2026-07-22
SPMC.V [neutral]
South Pacific Metals Corp.
-3.49%
current return
Author Info
Penny Queen focuses on undiscovered value, deep dives, swing trades and special situations. Sign up for the newsletter.
Company Info
South Pacific Metals Corp., a mineral exploration company, engages in the acquisition and exploration of mineral properties.
Market Cap
CAD 59.5M
Pitch Price
CAD 0.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
-19.71
P/E
-12.54
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Let's Play a Game and Pretend South Pacific Metals Only Has One Project
SPMC.V (overview): PNG copper-gold explorer. Kili Teke alone: Harmony spent US$20M/36koz drilling proving 4.2M AuEq oz (43-101 Inferred), acquired for US$1M. At ~US$35.6M mcap, ~$8.50/AuEq oz. 3-yr social license bet paid off; maiden drill H2 2026. High-risk, inferred resource; stock already doubled off spring lows.
Read full article (9 min)