Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
AbraSilver Resource Corp. operates as a precious metals exploration company in Argentina, Chile, and Canada. It primarily explores for copper, gold, and silver ores. It holds 100% interests in the Diablillos property that covers an area of approximately 79 square kilometers located in the Salta province of northwestern Argentina; and the Aguas Perdidas property covering an area of 6,300 ha in Chubut Province, Argentina. It also has an option agreement to acquire a 100% interest in the La Coipita project that covers an area of 70,000 hectares in San Juan province, Argentina. The company was formerly known as AbraPlata Resource Corp. and changed its name to AbraSilver Resource Corp. in March 2021. AbraSilver Resource Corp. was incorporated in 1993 and is headquartered in Toronto, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks.
