Mithril Silver and Gold Limited (ASX: MTH), previously known as Mithril Resources, is an exploration-focused company primarily involved in discovering and developing high-grade silver and gold resources. Their flagship project is in the Copalquin District in Mexico, a region known for its rich mineral deposits, including several historic gold and silver mines.
Mithril Silver and Gold (MTH) share price forecast has been aceing new heights with substantial potential to increase its resource base, particularly through new drill targets and ongoing exploration efforts
The company has been making strides, particularly with recent high-grade drill results such as 5.16 g/t gold and 78 g/t silver over 17.94 meters. This indicates promising potential for future production, attracting attention in the precious metals sector. Mithril aims to accelerate exploration through 2024 and 2025, with a goal of doubling its current resource base.
While Mithril does not currently offer dividends, it continues to attract investor interest due to its operations in a world-class mining region. The stock price, as of September 2024, has been volatile, reflecting the nature of exploration-stage companies. However, its focus on gold and silver positions it well to benefit from rising demand in the precious metals market
Mithril Silver and Gold (MTH) share price forecast: History
Mithril Silver and Gold Limited is an exploration company focused on identifying, acquiring, and developing high-grade silver and gold resources. Its primary asset is the Copalquin Gold-Silver Project located in the Durango region of Mexico. The Copalquin District is known for its historical mining activity and high-grade mineralization, making it a promising site for ongoing exploration and development. The company has been actively drilling to expand its resource base, reporting notable discoveries of gold and silver mineralization in multiple areas.
Mithril’s share price has been volatile due to its status as an exploration company. Stocks in this category are often sensitive to news regarding drilling results, commodity prices, and overall market conditions. Mithril’s stock has seen fluctuations in recent years, reflecting the high-risk, high-reward nature of exploration-stage companies.
| Date | High (AUD) | Low (AUD) |
|---|---|---|
| January 2020 | 5.10 | 0.50 |
| January 2021 | 2.30 | 1.30 |
| January 2022 | 1.50 | 0.30 |
| January 2023 | 0.35 | 0.15 |
| January 2024 | 0.22 | 0.10 |
| August 2024 | 0.22 | 0.10 |
Mithril Silver and Gold (MTH) share price forecast: 2025-2055
Mithril Silver and Gold (MTH) share price forecast can achieve new heights of their hike this can help the companies to establish trust in the share market story.
| Year | open (AUD) | high (AUD) |
| Mithril Silver and Gold (MTH) share price forecast 2025 | 0.19 | 0.25 |
| Mithril Silver and Gold (MTH) share price forecast 2026 | 0.22 | 0.26 |
| Mithril Silver and Gold (MTH) share price forecast 2027 | 0.26 | 0.269 |
| Mithril Silver and Gold (MTH) share price forecast 2028 | 0.26 | 0.31 |
| Mithril Silver and Gold (MTH) share price forecast 2029 | 0.28 | 0.33 |
| Mithril Silver and Gold (MTH) share price forecast 2030 | 0.31 | 0.37 |
| Mithril Silver and Gold (MTH) share price forecast 2035 | 0.352 | 0.39 |
| Mithril Silver and Gold (MTH) share price forecast 2040 | 0.42 | 0.47 |
| Mithril Silver and Gold (MTH) share price forecast 2045 | 0.495 | 0.564 |
| Mithril Silver and Gold (MTH) share price forecast 2055 | 0.579 | 0.613 |
Mithril Silver and Gold (MTH) share price forecast: 2024
The share price prediction for the Mithril Silver and Gold (MTH) for the year 2024 can vary from 0.09 AUD- 0.19 AUD.
| Date | High (AUD) | Low (AUD) |
| January 2024 | 0.19 | 0.19 |
| February 2024 | 0.19 | 0.08 |
| March 2024 | 0.09 | 0.09 |
| April 2024 | 0.11 | 0.09 |
| May 2024 | 0.16 | 0.08 |
| June 2024 | 0.19 | 0.09 |
| July 2024 | 0.16 | 0.13 |
| August 2024 | 0.19 | 0.19 |
Mithril Silver and Gold (MTH) share price forecast : 2025
The share price prediction for the Mithril Silver and Gold (MTH) for the year 2025 can vary from 0.19 AUD- 0.25 AUD.
| Date | High (AUD) | Low (AUD) |
| FY2025 | 0.25 | 0.19 |
Mithril Silver and Gold (MTH) share price forecast: 2026
The share price prediction for the Mithril Silver and Gold (MTH) for the year 2026 can vary from 0.22 AUD- 0.26 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2026 | 0.22 | 0.26 |
Mithril Silver and Gold (MTH) share price forecast: 2030
The share price prediction for the Mithril Silver and Gold (MTH) for the year 2030 can vary from 0.31 AUD- 0.37 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2030 | 0.31 | 0.37 |
Mithril Silver and Gold (MTH) share price forecast : 2035
The share price prediction for the Mithril Silver and Gold (MTH) for the year 2035 can vary from 0.352 AUD- 0.359 AUD.
| Date | High (AUD) | Low (AUD) |
| FY2035 | 0.359 | 0.352 |
Mithril Silver and Gold (MTH) share price forecast: 2040
The share price prediction for the Mithril Silver and Gold (MTH) for the year 2040 can vary from 0.42 AUD- 0.48 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2040 | 0.42 | 0.48 |
Mithril Silver and Gold (MTH) share price forecast: 2045
The share price prediction for the Mithril Silver and Gold (MTH) for the year 2045 can vary from 0.495 AUD-0.564 AUD.
| Date | High (AUD) | Low (AUD) |
| FY2045 | 0.564 | 0.495 |
Mithril Silver and Gold (MTH) share price forecast: 2050
The share price prediction for the Mithril Silver and Gold (MTH) for the year 2050 can vary from 0.476 AUD-0.534 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2050 | 0.476 | 0.534 |
Mithril Silver and Gold (MTH) share price forecast : 2055
The long-term forecast for Mithril’s share price is closely tied to its ability to successfully expand its resource base, achieve production, and capitalize on favorable silver and gold market dynamics. If Mithril can transition from an exploration-stage company to a development or production-stage miner, the company’s stock could potentially see substantial growth over the coming decades.
However, this growth is contingent on several factors, including the outcome of ongoing exploration, future drill results, and global demand for silver and gold.
Global silver demand for both investment purposes and industrial applications (e.g., solar panels and electronics).Gold market trends driven by economic conditions, inflationary pressures, and safe-haven demand.
Mithril’s ability to attract investment, form strategic partnerships, and navigate regulatory and environmental challenges in Mexico
| Date | High (AUD) | Low (AUD) |
| FY2055 | 0.613 | 0.579 |
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Mithril Silver and Gold (MTH) share price forecast: Valuation measures
| Market Cap | 22.68M |
| Enterprise Value | 21.22M |
| Trailing P/E | – |
| Forward P/E | – |
| PEG ratio (5 yr expected) | – |
| Price/Sales | – |
| Price/Book | 0.70 |
| Enterprise Value/Revenue | – |
| Enterprise Value/ EBITDA | – |
Mithril Silver and Gold (MTH) share price forecast: Financial Highlights
Profitability And income statement
| Profit Margin | 0.00% |
| Return on Asssets (ttm) | -2.65% |
| Return on equity (ttm) | -5.07% |
| Revenue (ttm) | 1.98k |
| Net income Avi to common (ttm) | -1.6M |
| Diluted EPS (ttm) | -0.0400 |
Mithril Silver and Gold (MTH) share price forecast : Balance Sheet and cash Flow
| Total cash (mrq) | 1.5M |
| Total Debt/Equity (mrq) | 0.11% |
| Levered Free cash Flow (ttm) | -2.99M |
Mithril Silver and Gold (MTH) share price forecast: Stock Performance
Mithril’s exploration focus on high-grade silver and gold has allowed it to attract significant interest from the market, especially as demand for precious metals has surged in recent years due to inflation concerns and rising industrial demand. Its Copalquin project has delivered positive drill results, indicating potential for resource expansion, which adds to its attractiveness for investors seeking exposure to silver and gold exploration companies.
Mithril has made strategic investments in exploration programs aimed at delineating and expanding its resource base. With rising commodity prices and renewed interest in silver as both a store of value and a critical industrial metal, Mithril’s assets hold significant long-term potential. Investors have shown interest in the company’s ability to capitalize on these trends, and Mithril’s strategic partnerships and joint ventures further reinforce its potential contribution to the market
Conclusion
Mithril Silver and Gold’s market contribution lies in its exploration efforts within the precious metals sector, particularly its focus on high-grade silver and gold. While its stock remains volatile due to its early-stage status, it holds considerable potential if exploration results continue to be favorable and market conditions for silver and gold remain strong. Long-term investors may find Mithril appealing for its potential upside, though the risks associated with resource exploration and development should be carefully considered.
Investors ought to exercise caution and pay close attention to the company’s strategic responses to these difficulties. Although projections and data are used in this analysis, long-term forecasts are speculative by nature and should be treated with caution.
Mithril Silver and Gold (MTH) share price forecast: FAQS
What is the share price of Mithril Silver and Gold (MTH)?
The current share price of Mithril Silver and Gold (MTH) is 0.22AUD
What type of company is Mithril Silver and Gold (MTH)?
Mithril Silver and Gold (MTH) is a mining company.
What are the factors affecting Mithril Silver and Gold (MTH)
The main factors affecting Mithril Silver and Gold (MTH) are keyword optimization, link building, and technical SEO. Optimize your website’s content and structure for your target keywords, build high-quality backlinks, and ensure your site is technically sound.
Disclaimer
This article only contains information for educational and informational purposes. It should not be interpreted as investment or financial advice. There are risks associated with investing in the stock market, and the value of investments can fluctuate. Before making any investment decisions, readers should conduct their own research or speak with a financial advisor. Any losses or damages incurred as a result of using the information provided are beyond the control of the article’s author and publisher. Performance in the past does not guarantee success in the future.
Hello, I’m Bianca Paterson, a seasoned financial professional based in Sydney, Australia. With over 25 years of experience at ASX and an extensive background in share price predictions and market factors, I’ve cultivated a deep understanding of the dynamics that drive the financial markets.
I embarked on my journey with the ASX Graduate Program and have since dedicated my career to navigating the complexities of the share market. My insights are shaped by decades of hands-on experience, making me well-versed in the subtleties of market trends and investment strategies.
Through my blog, I aim to share my knowledge and offer valuable perspectives to fellow investors and market enthusiasts. Whether you’re a seasoned trader or just starting out, I hope my analysis and commentary will help you make informed decisions and better understand the ever-evolving landscape of the Australian stock market.