Unico Silver Limited
0.41
USD
-0.02
(-3.63%)
ISIN
AU0000269821
Return %
Stock
S&P 500
1Y
17.14
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Todd Williams
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- Suite 2 Melbourne VIC Australia 3000
- IPO Date
- Apr 19, 2017
- Website
- unicosilver.com.au
- Similar Companies
- Business
- Unico Silver Limited (ASX:USL) is a growth-oriented silver development company focused on the exploration and evaluation of mineral deposits for silver, gold, zinc, lead, and copper in Argentina and Australia. The company holds a portfolio of advanced projects in Argentina's Santa Cruz province, including its flagship Cerro Leon project with a mineral resource estimate of 162 million silver equivalent ounces; the Joaquin silver-gold district, featuring high-grade discoveries at La Morocha, La Morocha SE, and La Negra SE; the Conserrat district, now 100% owned following acquisition of Minera Los Domos; the Sierra Blanca district, fully acquired in May 2024; and Cerro Puntudo, acquired alongside Joaquin; as well as exploration assets in Australia. It operates across two segments, Argentina projects and Australia projects, targeting precious and base metal deposits in mining-friendly jurisdictions with world-class mines. Founded in 2005 and headquartered at Suite 2, Level 11, 385 Bourke Street, Melbourne, Victoria 3000, Australia, the company, formerly E2 Metals Limited, rebranded to Unico Silver Limited in March 2023 to reflect its strategic focus on silver development. Recent developments include the completion of the Joaquin Silver District acquisition from Pan American Silver in October 2024, adding over 35,000 hectares and high-grade silver-gold potential; a 73% increase in Cerro Leon's mineral resource estimate; multiple high-grade drill intercepts extending mineralization at Joaquin, including the highest silver intercept to date from Phase 3 drilling at Cerro Leon; a $40 million capital raise in November 2025 via institutional placement to accelerate exploration, boosting cash to $68.8 million and expanding the rig fleet to five for 30,000 meters of drilling; advancement toward a prefeasibility study at Joaquin in Q1 2026; and declaration of a maiden exploration target at Cerro Leon of up to 128 million silver equivalent ounces.
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