ABRA is a developer, so has no revenue yet, and continued losses and negative cash flow. The stock has done very well and market cap is now north of $1B. It has $42M cash. Insiders own 4%. Eric Sprott owns 9%. It is primarily focused on its flagship Diablillos project in Argentina, which is one of the largest undeveloped silver resources globally, with measured and indicated resources exceeding 199 million ounces of silver and 1.7 million ounces of gold. Work continues and results are good, but it is still not close to production. A 2024 feasibility study showed a 28% potential return. The silver sector is very strong and it looks solid, but with the usual risks that come with the sector and a company with no revenue yet.
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