Silver X was just unhalted last week as the merger between Oro X and Latitude Silver is officially fully completed. Since opening up at $0.39 on June 28, the stock has steadily climbed back up to $0.46 (as of post). This has to be one of my favourite silver stocks at the moment because of the huge potential it holds.
- Insanely successful management team with over $3.2B of acquisitions over the past 13 years
- Not only exploring/producing silver. They also have gold, lead, and zinc targets
- ALREADY PRODUCING!!
- Great balance sheet with $12.2M cash and only $6.7M debt
With a current price of $0.46 (as of post), this one is extremely undervalued IMO. Huge upside potential as they begin to scale up exploration and production while maintaining a relatively low valuation compared to peers.
Take a look at the presentation for the Red Cloud Conference. The CEO goes a bit more in-depth about the company/future plans: https://youtu.be/9tihTFBiTe4