The Globe and Mail reports in its Thursday, March 20, edition that Stifel analyst Cole McGill continues to rate Silver Tiger Metals "buy," with an unchanged 70-cent share target. The Globe's David Leeder writes that analysts on average target the shares at 97 cents. Mr. McGill says in a note: "We believe Silver Tiger has found the next major high grade silver vein system in Mexico. As the company continues to drill along strike from the historically high grade (40 oz/t) El Tigre mine, we anticipate they will continue to encounter continuous, high grade silver veins and find 'sweet spots' in the mineralized shale horizon. The style of mineralization on the property also includes broad zones of 'halo' mineralization around the veins into the host rock, setting the deposit up well for future larger scale open pit extraction. The company is also defining and expanding the high grade Black Shale horizon and deeper sulphide zone. The company has produced an updated mineral resource estimate of global resource base of 283 Moz AgEq." The Globe reported on Nov. 29, that Stifel analyst Stephen Soock had started coverage on Silver Tiger Metals with a "buy" ranking and 70-cent share target. The shares could then be had for 22 cents.
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