Oct. 16 at 6:45 PM
$SMDRF Beacon Securities raised its 12-month target on Sierra Madre to C
$1.85 (from C
$1.50) while maintaining a Speculative Buy, citing stronger long-term gold and silver price forecasts and improved La Guitarra economics: https://x.com/StckMasterFlash/status/1976784344451891248
With shares near C
$1.38, the new target implies ~34% upside as Beacon models revenue tripling to US
$69M by 2028, cash flow quadrupling, and EV/EBITDA compressing from 23.6× to 4.5×, positioning SM as a high-leverage, debt-free play on a rising precious-metals cycle.
Posted on Behalf of Sierra Madre Gold and Silver Ltd.