Latest news with #ApolloSilver
Globe and Mail
3 days ago
- Business
- Globe and Mail
Silver Stocks Land Acquisitions to Meet Supply Demands
"Silver Stocks Land Acquisitions to Meet Supply Demands" a global investor news source covering gold and silver stocks presents a mining snapshot highlighting news from silver miners, from expanded land packages to acquisitions, featuring Apollo Silver Corp. (TSX.V: APGO) (OTCQB: APGOF) (Frankfurt: 6ZF0). May 29, 2025 - a global investor news source covering gold and silver stocks presents a mining snapshot highlighting news from silver miners, from expanded land packages to acquisitions, featuring Apollo Silver Corp. (TSX.V: APGO) (OTCQB: APGOF) (Frankfurt: 6ZF0). The Company is focused on advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project, in San Bernardino County, California, and its option on the Cinco de Mayo Project, in Chihuahua, Mexico. With strong demand and a supply deficit since 2021, silver miners are actively acquiring land and developing projects to increase production and address the shortfall. Stocks mentioned in this article: Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Dolly Varden Silver Corporation (TSXV: DV) (NYSE American: DVS), First Majestic Silver Corp. (NYSE:AG) (TSX:AG). In line with the sector's growth strategy, Apollo Silver Corp. (TSX.V: APGO) (OTCQB: APGOF) (Frankfurt: 6ZF0) recently announce it has acquired 2,215 hectares of highly prospective claims contiguous to its Waterloo property at its Calico Silver Project. From the news: The newly acquired claims, referred to as the Mule claims, comprise 415 lode mining claims and were acquired from LAC Exploration LLC, a wholly-owned subsidiary of Lithium Americas Corp. (TSX: LAC) (NYSE: LAC), which was the previous operator of the property. Preliminary mapping and sampling conducted by the previous operator of the Mule claims identified several high-grade silver targets, which will be evaluated as part of Apollo's future exploration planning. Additionally, a mapping and sampling program was recently completed at the Burcham gold prospect area in the southwest region of the Waterloo property (see news release dated February 12, 2025). This program confirmed the Calico fault system's role in controlling silver (Ag) and gold (Au) mineralization in the area and identified potential for copper (Cu), zinc (Zn), and lead (Pb) mineralization associated with stratabound and manto lenses. Highlights: Mule claims expand the Calico Project land package by over 285%, from 1,194 hectares to 3,409 hectares of contiguous claims. Mule claims trend along the mineralized Calico Fault System responsible for mineralization seen at Calico. Reports from the prior operator indicate that there are several strongly anomalous silver values on the property, which Apollo will attempt to ground-truth in the coming exploration programs. Sampling done across the Mule claims by previous operator has identified a large Ag anomaly associated with the same suite of host rocks at the Waterloo property. Exploration at the Burcham prospect at Waterloo included assays from 27 surface samples: Assay peaks up to 14.10 g/t Au, 20.70 g/t Ag, 0.17% Cu, 22.80% Zn and 5.74 % Pb from various samples. Identification of strata-bound lenses and mantos that show strong potential for Cu, Zn and Pb mineralization. Ross McElroy, President and CEO of Apollo commented, 'The addition of the Mule claims substantially enhances the Calico Project. Calico already hosts three discrete drill-delineated zones with resource estimates along a 4-km-long trend within the Calico fault zone. The Mule claims increase the project's land area by 2.5 times, strategically located to the east along this highly prospective mineralized corridor, offering significant potential for further discoveries. Apollo is committed to unlocking value in California for our shareholders.' The Mule claims, comprising 415 lode mining claims administered by the Bureau of Land Management, feature a continuation of the mineralized Calico Fault System, as identified through mapping and sampling by the previous operator. The sedimentary rocks of the Barstow Formation, which hosts the Waterloo silver deposit and the volcanic Pickhandle Formation are prevalent across the acquired claims. The contact between the Barstow and Pickhandle Formations has demonstrated potential for gold mineralization, similar to that at Waterloo. Sampling across the Mule claims has identified several strong Ag and Au anomalies. Apollo plans to conduct a follow-up exploration program to develop exploration targets and delineate this highly prospective contact. Earlier this month, Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) and MAG Silver Corp.(NYSEAM: MAG) (TSX: MAG) announced a definitive agreement for Pan American to acquire all issued and outstanding common shares of MAG through a plan of arrangement. MAG, a tier-one primary silver mining company, holds a 44% joint venture interest in the large-scale, high-grade Juanicipio mine, operated by Fresnillo plc, which holds the remaining 56% interest in the joint venture. More from the news: Under the terms of the transaction, MAG shareholders will receive total consideration of approximately $2.1 billion, equivalent to $20.54 per MAG share, based on the closing price of Pan American's common shares on the New York Stock Exchange (NYSE) on May 9, 2025. The consideration comprises $500 million in cash and 0.755 Pan American shares per MAG share, subject to proration. This represents premiums of approximately 21% and 27% to the closing price and 20-day volume-weighted average price (VWAP) of MAG's common shares on the NYSE American (NYSEAM) as of May 9, 2025. Upon completion, existing MAG shareholders will own approximately 14% of Pan American's shares on a fully diluted basis, benefiting from participation in a larger, diversified, and growth-oriented silver and gold producer. Michael Steinmann, President and CEO of Pan American commented: 'Our acquisition of MAG brings into Pan American's portfolio one of the best silver mines in the world. Juanicipio is a large-scale, high-grade, low-cost silver mine that will meaningfully increase Pan American's exposure to high margin silver ounces. Furthermore, we see future growth opportunities through the significant exploration potential at Juanicipio as well as MAG's Deer Trail and Larder properties. This strategic acquisition further solidifies Pan American as a leading Americas-focused silver producer. We would like to thank the Fresnillo and the Juanicipio management teams for the constructive interactions and impressive site visit. Together, we bring many decades of operator experience in Mexico and Latin America to the Joint Venture and we are looking forward to a collaborative future and value generation for all shareholders involved.' George Paspalas, President and CEO of MAG commented, 'This transaction represents a compelling opportunity for our shareholders, providing an immediate premium and meaningful exposure to Pan American's world-class assets and proven growth strategy. We are proud of what we've accomplished at MAG, particularly our partnership with Fresnillo which has created extraordinary value at the exceptional Juanicipio mine. Through the acquisition of our interest by Pan American – a respected leader in the global precious metals industry – our shareholders will participate in an exciting future defined by operational excellence, substantial exploration potential, and strong financial stewardship with significant portfolio exposure.' Dolly Varden Silver Corporation (TSXV: DV) (NYSE American: DVS) (FSE: DVQ) recently announced that, following its news release dated May 5, 2025, it has completed the acquisition of the Kinskuch Property in northwest British Columbia's Golden Triangle. From the news: The Kinskuch Property is adjacent to the Company's Kitsault Valley Project and dramatically increases the Kitsault Valley Project size to approximately 77,000 hectares, covering some of the most underexplored and prospective rocks for silver, gold and copper mineralization in the Golden Triangle. Dolly Varden completed its acquisition of the Kinskuch Property from Hecla Mining Company for consideration of $5 million, which was satisfied by Dolly Varden issuing 1,351,963 common shares of the Company to Hecla. Hecla will also retain a 2% net smelter return royalty on the Kinskuch Property area (the "NSR"). The NSR will include a 50% buyback right, for $5 million, that will allow Dolly Varden to reduce the royalty to 1% at any time. As per an existing agreement between Dolly Varden and Hecla, Hecla will maintain a designated position on Dolly Varden's Technical Committee, working together to unlock the potential of the underexplored areas. The year began with a significant development for the sector when, in January, First Majestic Silver Corp. (NYSE:AG) (TSX:AG) (FSE:FMV) and Gatos Silver, Inc. announced the completion of First Majestic's acquisition of Gatos Silver under the agreement and plan of merger, as detailed in their joint news release dated September 5, 2024. More from the news: On Tuesday, January 14, 2025, both First Majestic and Gatos Silver announced that they received all necessary shareholder approvals at the respective special meetings of each company's shareholders. Approximately 98.44% of the votes cast at the special meeting of First Majestic's shareholders were voted in favour and approximately 99.23% of the votes cast at the special meeting of Gatos Silver's stockholders were voted in favour. Under the terms of the Merger Agreement, First Majestic has acquired all of the issued and outstanding shares of common stock of Gatos Silver and Gatos Silver is now a wholly-owned subsidiary of First Majestic. Stockholders of Gatos Silver will receive 2.55 First Majestic common shares for each Gatos Silver Share held, and cash in lieu of fractional First Majestic Shares . 'With the closing of this transaction, First Majestic is integrating a high-quality, long-life, positive-free-cash-flow operation into our portfolio of producing mines in Mexico. Cerro Los Gatos is truly a world-class district with robust production and cost efficiency, combined with significant exploration potential,' said Keith Neumeyer, President and CEO. 'Over the coming quarters, we will communicate our plans for Cerro Los Gatos, including strategies to realize synergies and integration throughout the business. I take this opportunity to personally welcome Gatos Silver shareholders into First Majestic as we create the industry's leading intermediate primary silver producer. Finally, I welcome our joint venture partner, Dowa Metals and Mining, with whom we look forward to working closely at Cerro Los Gatos as a supportive and trusted partner.' These acquisitions underscore the growing trend of land asset expansion and consolidation among silver miners. About - Big Investing Ideas Investorideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Disclaimer/Disclosure: This article featuring Apollo Silver Corp is paid for content as part of a monthly featured mining stock service. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. Investor ideas does not provide investment opinion but may quote industry experts and their opinions. More disclaimer info: Global investors must adhere to regulations of each country. Please read privacy policy on our site. Follow us on X @investorideas Contact Investorideas 800-665-0411 Media Contact Company Name: Investor ideas Contact Person: Dawn Van Zant Email: Send Email Phone: 800 665 0411 Address: 5134 Cliff Drive City: Delta State: BC Country: Canada Website:
Yahoo
3 days ago
- Business
- Yahoo
Silver Stocks and the Land Grab for Silver Assets
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - May 29, 2025) - a global investor news source covering gold and silver stocks presents a mining snapshot highlighting news from silver miners, from expanded land packages to acquisitions, featuring Apollo Silver Corp. (TSXV: APGO) (OTCQB: APGOF) (FSE: 6ZF0). Silver Stocks and the Land Grab for Silver Assets To view an enhanced version of this graphic, please visit: The Company is focused on advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project, in San Bernardino County, California, and its option on the Cinco de Mayo Project, in Chihuahua, Mexico. With strong demand and a supply deficit since 2021, silver miners are actively acquiring land and developing projects to increase production and address the shortfall. In line with the sector's growth strategy, Apollo Silver Corp. (TSXV: APGO) (OTCQB: APGOF) (FSE: 6ZF0) recently announce it has acquired 2,215 hectares of highly prospective claims contiguous to its Waterloo property at its Calico Silver Project. From the news:The newly acquired claims, referred to as the Mule claims, comprise 415 lode mining claims and were acquired from LAC Exploration LLC, a wholly-owned subsidiary of Lithium Americas Corp. (TSX: LAC) (NYSE: LAC), which was the previous operator of the property. Preliminary mapping and sampling conducted by the previous operator of the Mule claims identified several high-grade silver targets, which will be evaluated as part of Apollo's future exploration planning. Additionally, a mapping and sampling program was recently completed at the Burcham gold prospect area in the southwest region of the Waterloo property (see news release dated February 12, 2025). This program confirmed the Calico fault system's role in controlling silver (Ag) and gold (Au) mineralization in the area and identified potential for copper (Cu), zinc (Zn), and lead (Pb) mineralization associated with stratabound and manto lenses. Highlights: Mule claims expand the Calico Project land package by over 285%, from 1,194 hectares to 3,409 hectares of contiguous claims. Mule claims trend along the mineralized Calico Fault System responsible for mineralization seen at Calico. Reports from the prior operator indicate that there are several strongly anomalous silver values on the property, which Apollo will attempt to ground-truth in the coming exploration programs. Sampling done across the Mule claims by previous operator has identified a large Ag anomaly associated with the same suite of host rocks at the Waterloo property. Exploration at the Burcham prospect at Waterloo included assays from 27 surface samples: Assay peaks up to 14.10 g/t Au, 20.70 g/t Ag, 0.17% Cu, 22.80% Zn and 5.74 % Pb from various samples. Identification of strata-bound lenses and mantos that show strong potential for Cu, Zn and Pb mineralization. Ross McElroy, President and CEO of Apollo commented, "The addition of the Mule claims substantially enhances the Calico Project. Calico already hosts three discrete drill-delineated zones with resource estimates along a 4-km-long trend within the Calico fault zone. The Mule claims increase the project's land area by 2.5 times, strategically located to the east along this highly prospective mineralized corridor, offering significant potential for further discoveries. Apollo is committed to unlocking value in California for our shareholders." The Mule claims, comprising 415 lode mining claims administered by the Bureau of Land Management, feature a continuation of the mineralized Calico Fault System, as identified through mapping and sampling by the previous operator. The sedimentary rocks of the Barstow Formation, which hosts the Waterloo silver deposit and the volcanic Pickhandle Formation are prevalent across the acquired claims. The contact between the Barstow and Pickhandle Formations has demonstrated potential for gold mineralization, similar to that at Waterloo. Sampling across the Mule claims has identified several strong Ag and Au anomalies. Apollo plans to conduct a follow-up exploration program to develop exploration targets and delineate this highly prospective contact. Earlier this month, Pan American Silver Corp. and MAG Silver Corp announced a definitive agreement for Pan American to acquire all issued and outstanding common shares of MAG through a plan of arrangement. MAG, a tier-one primary silver mining company, holds a 44% joint venture interest in the large-scale, high-grade Juanicipio mine, operated by Fresnillo plc, which holds the remaining 56% interest in the joint venture. More from the news:Under the terms of the transaction, MAG shareholders will receive total consideration of approximately $2.1 billion, equivalent to $20.54 per MAG share, based on the closing price of Pan American's common shares on the New York Stock Exchange (NYSE) on May 9, 2025. The consideration comprises $500 million in cash and 0.755 Pan American shares per MAG share, subject to proration. This represents premiums of approximately 21% and 27% to the closing price and 20-day volume-weighted average price (VWAP) of MAG's common shares on the NYSE American (NYSEAM) as of May 9, 2025. Upon completion, existing MAG shareholders will own approximately 14% of Pan American's shares on a fully diluted basis, benefiting from participation in a larger, diversified, and growth-oriented silver and gold producer. Michael Steinmann, President and CEO of Pan American commented: "Our acquisition of MAG brings into Pan American's portfolio one of the best silver mines in the world. Juanicipio is a large-scale, high-grade, low-cost silver mine that will meaningfully increase Pan American's exposure to high margin silver ounces. Furthermore, we see future growth opportunities through the significant exploration potential at Juanicipio as well as MAG's Deer Trail and Larder properties. This strategic acquisition further solidifies Pan American as a leading Americas-focused silver producer. We would like to thank the Fresnillo and the Juanicipio management teams for the constructive interactions and impressive site visit. Together, we bring many decades of operator experience in Mexico and Latin America to the Joint Venture and we are looking forward to a collaborative future and value generation for all shareholders involved." George Paspalas, President and CEO of MAG commented, "This transaction represents a compelling opportunity for our shareholders, providing an immediate premium and meaningful exposure to Pan American's world-class assets and proven growth strategy. We are proud of what we've accomplished at MAG, particularly our partnership with Fresnillo which has created extraordinary value at the exceptional Juanicipio mine. Through the acquisition of our interest by Pan American - a respected leader in the global precious metals industry - our shareholders will participate in an exciting future defined by operational excellence, substantial exploration potential, and strong financial stewardship with significant portfolio exposure." Dolly Varden Silver Corporation recently announced that, following its news release dated May 5, 2025, it has completed the acquisition of the Kinskuch Property in northwest British Columbia's Golden Triangle. From the news:The Kinskuch Property is adjacent to the Company's Kitsault Valley Project and dramatically increases the Kitsault Valley Project size to approximately 77,000 hectares, covering some of the most underexplored and prospective rocks for silver, gold and copper mineralization in the Golden Triangle. Dolly Varden completed its acquisition of the Kinskuch Property from Hecla Mining Company for consideration of $5 million, which was satisfied by Dolly Varden issuing 1,351,963 common shares of the Company to Hecla. Hecla will also retain a 2% net smelter return royalty on the Kinskuch Property area (the "NSR"). The NSR will include a 50% buyback right, for $5 million, that will allow Dolly Varden to reduce the royalty to 1% at any time. As per an existing agreement between Dolly Varden and Hecla, Hecla will maintain a designated position on Dolly Varden's Technical Committee, working together to unlock the potential of the underexplored areas. The year began with a significant development for the sector when, in January, First Majestic Silver Corp. and Gatos Silver, Inc. announced the completion of First Majestic's acquisition of Gatos Silver under the agreement and plan of merger, as detailed in their joint news release dated September 5, 2024. More from the news:On Tuesday, January 14, 2025, both First Majestic and Gatos Silver announced that they received all necessary shareholder approvals at the respective special meetings of each company's shareholders. Approximately 98.44% of the votes cast at the special meeting of First Majestic's shareholders were voted in favour and approximately 99.23% of the votes cast at the special meeting of Gatos Silver's stockholders were voted in favour. Under the terms of the Merger Agreement, First Majestic has acquired all of the issued and outstanding shares of common stock of Gatos Silver and Gatos Silver is now a wholly-owned subsidiary of First Majestic. Stockholders of Gatos Silver will receive 2.55 First Majestic common shares for each Gatos Silver Share held, and cash in lieu of fractional First Majestic Shares . "With the closing of this transaction, First Majestic is integrating a high-quality, long-life, positive-free-cash-flow operation into our portfolio of producing mines in Mexico. Cerro Los Gatos is truly a world-class district with robust production and cost efficiency, combined with significant exploration potential," said Keith Neumeyer, President and CEO. "Over the coming quarters, we will communicate our plans for Cerro Los Gatos, including strategies to realize synergies and integration throughout the business. I take this opportunity to personally welcome Gatos Silver shareholders into First Majestic as we create the industry's leading intermediate primary silver producer. Finally, I welcome our joint venture partner, Dowa Metals and Mining, with whom we look forward to working closely at Cerro Los Gatos as a supportive and trusted partner." These acquisitions underscore the growing trend of land asset expansion and consolidation among silver miners. Research more mining stocks at with our mining stocks directory at About - Big Investing is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Disclaimer/Disclosure: This article featuring Apollo Silver Corp is paid for content as part of a monthly featured mining stock service. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. Investor ideas does not provide investment opinion but may quote industry experts and their opinions. More disclaimer info: Learn more about publishing your news release and our other news services on the newswire Global investors must adhere to regulations of each country. Please read privacy policy: Follow us on X @investorideas Follow us on Facebook Follow us on YouTube Contact 800-665-0411 To view the source version of this press release, please visit
Yahoo
20-05-2025
- Business
- Yahoo
Apollo Silver's Vision: From Founding to Future in Precious Metals Exploration
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - May 20, 2025) - a global investor news source covering mining and metals stocks releases a new episode of the Exploring Mining Podcast . Host Cali Van Zant talks with Andrew Bowering, Chairman of Apollo Silver Corp. (TSXV: APGO) (OTCQB: APGOF) (FSE: 6ZF0). Apollo Silver Corp. has assembled an experienced and technically strong leadership team who have joined to advance world class precious metals projects in tier-one jurisdictions. Andrew Bowering, Chairman of Apollo Silver CorpTo view an enhanced version of this graphic, please visit: Andy shares his background, his passion for the mining sector, how he defines success and his vision for Apollo Silver Corp. and its key projects. Key takeaways from interview: Apollo Silver team to complete compilation of data from 8,000-10,000 sample program and announce compliant barite resource by end of first half of the year. Apollo Silver team to review recently received field prospecting and sampling data around gold structures. Apollo Silver team to plan and execute a drill program this year to determine the footprint of the gold resource south of the silver deposit. Apollo Silver teams plan to conduct an economic study (PEA) on the silver resource in the second half of this year. Apollo Silver team to continue efforts to resolve community issues and regain social license at Cinco de Mayo project. Listen to the podcast: Watch on YouTube: Cannot view this video? Visit: Listen to Exploring Mining on Spotify Listen to Exploring Mining podcast on iTunes Apple podcasts Podcast OverviewAndrew Bowering, Chairman of Apollo Silver Corp shares his extensive background in the mining industry, which spans 35 years. Andy explains how he founded Apollo Silver at the request of investors, raising significant funds and acquiring assets from mid-tier to major companies in the silver space. The conversation then shifts to the recent appointment of Ross McElroy as CEO of Apollo Silver. Andy highlights Ross' extensive experience in the industry, including his recent sale of Fission Uranium for $1.1 billion, and expresses enthusiasm about having Ross now lead the Apollo team. (Related news release) California Mining Landscape and Calico ProjectAndy discusses the mining landscape in California, highlighting the state's complex history with mining and environmental concerns. He explains that while California has been less popular for mining in recent years due to environmental regulations and water scarcity, there are still areas like San Bernardino County where mining operations are active. Andrew then describes Apollo's project, situated primarily on private land designated for mining, emphasizing its favorable location and historical significance. He also mentions the project's geological advantages, including a 1:1 strip ratio and a straightforward geological formation. Calico ProjectAndrew discusses the Calico project, which consists of three deposits: two silver (Waterloo and Langtry) and an historical gold deposit, The Burcham Mine. The project contains approximately 160 million ounces of silver and 70,000 ounces of gold. Andrew also mentions the presence of barite, a critical mineral, which could be valuable for negotiations with the government. For the upcoming year, the company plans to announce a compliant barite resource, conduct a drill program to determine the size of the gold resource, and perform an economic study on the silver resource. Cinco De Mayo Mining ProjectAndrew discusses their large mining project called Cinco de Mayo, located northwest of Chihuahua City in North Mexico. He explains that the project, potentially the largest CRD (Carbonate Replacement Deposit) in North America, lost its social license in 2012 when local surface owners banned mining. Andrew's company, Apollo, has been given a five-year option to resolve community issues and resume drilling. He draws parallels to his previous success with Prime Mining in Sinaloa, Mexico, where he restored community support and unlocked significant value. Andrew believes his team's local connections and experience will help them resolve the social license issues at Cinco de Mayo, potentially turning it into a highly valuable project. Mining in Northern Mexico's EconomyAndrew shares the importance of mining in Northern Mexico's economy and the recent changes in government policy. He explains that the previous government tried to restrict mining, but the new Sheinbaum government is now opening up the sector for foreign investment. Andrew emphasizes the positive impact of mineral exploration and mine development on local communities in Mexico. He mentions that officials from Chihuahua's Ministry of Mines visited their office, expressing excitement about the potential reopening of the Cinco de Mayo project, which could bring significant economic benefits to the area. Mining Industry SuccessAndrew talks about the key elements for success in the mining industry, emphasizing the importance of good assets, a strong management team, and a solid shareholder base with a good capital structure. He stresses the value of teamwork and hiring smart, hardworking individuals. Andrew explains his role in raising money and promotion, while also highlighting his hands-on experience and personal financial commitment to Apollo. He says he believes that demonstrating leadership through personal investment attracts good supporters, which in turn brings more supporters and provides the patience needed for long-term projects. About Apollo Silver Corp. Apollo has assembled an experienced and technically strong leadership team who have joined to advance quality precious metals projects in sought after jurisdictions. The Company is focused on advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project, in San Bernardino County, California and the Cinco de Mayo Project, in Chihuahua, Mexico. Please visit for further information. Apollo on X @corp_apollo May 2025 Presentation Hear other episodes of the Exploring Mining Podcast , rated as one of the top 30 mining podcasts to listen to in 2025, The podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, iHeartRadio, Google Podcasts and most audio platforms available. Visit the Podcast page at Research mining stocks at with our free mining stocks directory at About - Big Investing Ideas Named as one of 100 Best Investment Blogs and Websites in 2025 (8th) is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed. Disclaimer/Disclosure: This podcast and article featuring Apollo Silver are paid for content at part of a monthly marketing mining stock showcase (payment disclosure). Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: Learn more about publishing your news release and our other news services on the newswire Global investors must adhere to regulations of each country. Please read privacy policy: Follow us on X @investorideas @Exploringmining Follow us on Facebook Follow us on YouTube Contact to be a guest or sponsor this podcast800-665-0411 To view the source version of this press release, please visit
Yahoo
15-03-2025
- Business
- Yahoo
Companies Like Apollo Silver (CVE:APGO) Can Afford To Invest In Growth
We can readily understand why investors are attracted to unprofitable companies. By way of example, Apollo Silver (CVE:APGO) has seen its share price rise 103% over the last year, delighting many shareholders. But while history lauds those rare successes, those that fail are often forgotten; who remembers Given its strong share price performance, we think it's worthwhile for Apollo Silver shareholders to consider whether its cash burn is concerning. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. Let's start with an examination of the business' cash, relative to its cash burn. Check out our latest analysis for Apollo Silver You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. In November 2024, Apollo Silver had CA$14m in cash, and was debt-free. In the last year, its cash burn was CA$2.9m. Therefore, from November 2024 it had 4.8 years of cash runway. A runway of this length affords the company the time and space it needs to develop the business. You can see how its cash balance has changed over time in the image below. Apollo Silver didn't record any revenue over the last year, indicating that it's an early stage company still developing its business. So while we can't look to sales to understand growth, we can look at how the cash burn is changing to understand how expenditure is trending over time. Even though it doesn't get us excited, the 49% reduction in cash burn year on year does suggest the company can continue operating for quite some time. Apollo Silver makes us a little nervous due to its lack of substantial operating revenue. We prefer most of the stocks on this list of stocks that analysts expect to grow. While Apollo Silver is showing a solid reduction in its cash burn, it's still worth considering how easily it could raise more cash, even just to fuel faster growth. Companies can raise capital through either debt or equity. Commonly, a business will sell new shares in itself to raise cash and drive growth. We can compare a company's cash burn to its market capitalisation to get a sense for how many new shares a company would have to issue to fund one year's operations. Since it has a market capitalisation of CA$69m, Apollo Silver's CA$2.9m in cash burn equates to about 4.2% of its market value. That's a low proportion, so we figure the company would be able to raise more cash to fund growth, with a little dilution, or even to simply borrow some money. As you can probably tell by now, we're not too worried about Apollo Silver's cash burn. In particular, we think its cash runway stands out as evidence that the company is well on top of its spending. But it's fair to say that its cash burn reduction was also very reassuring. After considering a range of factors in this article, we're pretty relaxed about its cash burn, since the company seems to be in a good position to continue to fund its growth. Taking a deeper dive, we've spotted 4 warning signs for Apollo Silver you should be aware of, and 3 of them are concerning. If you would prefer to check out another company with better fundamentals, then do not miss this free list of interesting companies, that have HIGH return on equity and low debt or this list of stocks which are all forecast to grow. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Associated Press
14-03-2025
- Business
- Associated Press
Apollo Silver Engages Danayi Capital for Investor Relations and Digital Marketing Services
VANCOUVER, British Columbia, March 14, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. ('Apollo Silver' or the 'Company') (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that it has engaged Danayi Capital Corp. ('Danayi'), an arm's-length service provider, to provide the Company certain investor relations and digital marketing services (the 'Services'), in accordance with the policies of the TSX Venture Exchange ('TSXV') and applicable securities laws. Based in Vancouver, British Columbia, Danayi specializes in marketing, advertising, and public awareness within the mining and metals sector. Under a digital marketing agreement dated March 13, 2025 (the 'Agreement'), Danayi will provide digital media, marketing strategies, and advertising for a trial period of one month at a fee of US$50,000. The Company may extend the Agreement at its discretion. The engagement is subject to the approval of the TSXV. Danayi does not currently have any direct or indirect interest in the Company or its securities and has no intention or right to acquire such an interest during the engagement. About Apollo Silver Apollo Silver has assembled an experienced and technically strong leadership team who have joined to advance quality precious metals projects in sought after jurisdictions. The Company is focused on advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project, in San Bernardino County, California and the Cinco de Mayo Project, in Chihuahua, Mexico. Please visit for further information. Andrew Bowering Chairman and Interim Chief Executive Officer For further information, please contact: Andrew Bowering Chairman and Interim Chief Executive Officer Telephone: +1 (604) 428-6128
