(APGO) Apollo Silver - Ratings and Ratios

Apollo Silver Corp. (V:APGO) is a Canadian-based mineral exploration and development company focused on advancing silver properties in the United States. The companys primary assets include the Waterloo and Langtry properties in Californias Mojave Desert, San Bernardino County. The Waterloo property spans 1,350 acres across 27 fee simple land parcels and 21 unpatented lode mining claims, while the Langtry property covers 413 acres with 20 patented claims and 765 acres with 38 unpatented lode mining claims. Additionally, Apollo Silver holds interests in the Arizona Silver District project in La Paz County, southwestern Arizona, which encompasses three patented claims, 85 unpatented lode mining claims, 23 unpatented mill sites, and a state exploration lease across approximately 2,000 acres. The company, formerly known as Apollo Gold & Silver Corp., rebranded as Apollo Silver Corp. in September 2021 to reflect its strategic focus on silver exploration. Incorporated in 1999, Apollo Silver is headquartered in Vancouver, Canada.

From a technical perspective, APGO has shown recent price strength, with the last price of $0.30 trading above both the 20-day ($0.26) and 50-day ($0.24) simple moving averages. However, the stock remains below the 200-day moving average ($0.22), indicating potential longer-term resistance. Average trading volume over the past 20 days is 549,201 shares, with an average true range (ATR) of $0.02, suggesting moderate volatility. On the fundamental side, the company has a market capitalization of CAD 58.13 million, with a price-to-book (P/B) ratio of 29.72, reflecting a premium valuation relative to book value. The forward P/E is 0.00, indicating no current earnings expectations, while the return on equity (RoE) is not available, likely due to the companys pre-revenue stage in its exploration cycle.

3-Month Forecast: Based on , APGO may face resistance near the 200-day SMA ($0.22) as it attempts to break above its current trading range. The ATR of $0.02 suggests price fluctuations could remain modest, with potential volatility tied to broader market sentiment and sector-specific news. From a perspective, the high P/B ratio of 29.72 signals investor confidence in the companys exploration assets, but the lack of earnings and revenue (P/S: 0.00) highlights the speculative nature of the investment. Over the next quarter, APGOs share price is likely to remain sensitive to exploration updates and broader silver market trends.