Added to YB: 2024-08-01
Pitch date: 2024-07-30
TM.V [bullish]
Safi Silver Corp.
-65.66%
current return
Author Info
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Company Info
Safi Silver Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and maintenance of silver projects in southern Morocco.
Market Cap
CAD 13.7M
Pitch Price
CAD 0.99
Price Target
3.50 (+929%)
Dividend
N/A
EV/EBITDA
-5.48
P/E
-4.47
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Trigon Metals – FY24 Financials Improve with Costs Decreasing
TM.V: Q4 C1 costs $3.31/lb vs $3.81 FY. Underground ramp-up: Apr 16.5Kt@2.11%Cu, May 29.7Kt@2.16%Cu. FY25 guide: 250-280Kt@1.95-2.3%Cu, 12.1-13.4Mlb Cu, C1 $2.80-3.15/lb. Dewatering fixed. $2.5M IXM facility. PT C$3.50 (0.6x NAV). Catalysts: Q results, drilling, Safi-Silver spinout. Buy.
Read full article (4 min)