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Symbol Data
Symbol
Currency
TSE:HSLV
CAD
OTCMKTS:HLSCF
USD
Description
Highlander Silver Corp are a silver focused junior, late stage developer with two mines in development in Peru and one exploration property. They have approximately 300Moz. of silver in the reserves and resources category of which 225Moz. are in the measured and indicated category. They have a market capitalisation of ~C$1415.56M which is a rise of roughly 89% over the last two months. As of 12/23/2025 they have no debt and ~C$81.07M cash. They have 211M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.
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General Details
Financial
12/23/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$749.96M
$1,415.56M
02/03/2026
$665.60M
MCap (OS):
$723.97M
$1,363.85M
02/03/2026
$639.88M
Total Assets:
$91.00M
$91.30M
12/23/2025
$0.30M
Total Liabilities:
$4.37M
$4.38M
12/23/2025
$0.01M
Current Assets:
$80.81M
$81.07M
12/23/2025
$0.27M
Current Liabilities:
$2.91M
$2.92M
12/23/2025
$0.01M
Total Debt:
$0.00M
$0.00M
12/23/2025
$0.00M
Cash:
$80.81M
$81.07M
12/23/2025
$0.27M
Debt (Net):
$-80.81M
$-81.07M
$-0.27M
Enterprise Value:
$669.16M
$1,334.49M
$665.34M
Cash Flow:
$0.00M
$0.00M
never
$0.00M
Cash Flow Multiple:
0.00
0.00
never
0.00
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
12/23/2025
n/a
Misc
12/23/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
195,000,001
211,000,001
02/03/2026
16,000,000
Shares (FD):
202,000,000
219,000,000
02/03/2026
17,000,000
Insider Ownership:
50%
50%
02/03/2026
n/a
Dividend (Annual):
n/a
n/a
02/03/2026
n/a
Company Type:
Mostly Silver
Mostly Silver
never
n/a
Group:
Developer
Developer
never
n/a
Production ETA:
n/a
01/01/2028
12/23/2025
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
12/23/2025
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
12/23/2025
Development Phase:
Construction Ready
Construction Ready
12/23/2025
n/a
Optionality Play:
none
No
F U T U R E
% of Spot:
15Developer: Strong Path to Production
15Developer: Strong Path to Production
12/23/2025
0
Cash Flow Multiple:
8
8
12/23/2025
0.00
Resource Data
GOLD
12/23/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
12/23/2025
0.00M
Measured & Indicated:
n/a
n/a
12/23/2025
0.00M
Inferred:
n/a
n/a
12/23/2025
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
12/23/2025
0.00M
Measured & Indicated:
n/a
n/a
12/23/2025
0.00M
Inferred:
n/a
n/a
12/23/2025
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
12/23/2025
$0.00
Extra Operating Cost:
n/a
n/a
12/23/2025
$0.00
Total:
n/a
n/a
12/23/2025
$0.00
Margin (Free Cash Flow):
n/a
$0.00
MCap / Production (AuEq):
n/a
n/a
n/a
EV / Production (AuEq):
n/a
n/a
n/a
G R A D E
Underground (Avg):
n/a
n/a
12/23/2025
n/a
Open Pit (Avg):
n/a
n/a
12/23/2025
n/a
Recovery Rate:
n/a
n/a
12/23/2025
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
12/23/2025
0.00M
Annual Production:
n/a
n/a
12/23/2025
n/a
Cash Cost:
n/a
n/a
12/23/2025
n/a
Extra Operating Cost:
n/a
n/a
12/23/2025
n/a
SILVER
12/23/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
175.00M
175.00M
12/23/2025
0.00M
Measured & Indicated:
225.00M
225.00M
12/23/2025
0.00M
Inferred:
75.00M
75.00M
12/23/2025
0.00M
Reserves & Resources:
300.00M
300.00M
never
0.00M
P L A U S I B L E
Proven & Probable:
131.25M
131.25M
12/23/2025
0.00M
Measured & Indicated:
161.25M
161.25M
12/23/2025
0.00M
Inferred:
28.13M
28.13M
12/23/2025
0.00M
Reserves & Resources:
189.38M
189.38M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
12/23/2025
$0.00
Extra Operating Cost:
n/a
n/a
12/23/2025
$0.00
Total:
$35.00
$35.00
12/23/2025
$0.00
Margin (Free Cash Flow):
n/a
$0.00
MCap / Production (AgEq):
n/a
n/a
n/a
EV / Production (AgEq):
n/a
n/a
n/a
G R A D E
Underground (Avg):
n/a
n/a
12/23/2025
n/a
Open Pit (Avg):
n/a
60.00 g/t
12/23/2025
n/a
Recovery Rate:
(CG) 75.00%
(CG) 75.00%
01/27/2026
0.00%
F U T U R E
Proven & Probable:
225.00M
225.00M
12/23/2025
0.00M
Annual Production:
12,000,000oz.
12,000,000oz.
12/23/2025
0oz.
Cash Cost:
$20.00
$20.00
12/23/2025
$0.00
Extra Operating Cost:
$15.00
$15.00
12/23/2025
$0.00
Property
Last Analysis Data (12/23/2025)
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Dev
Corani
Cusco
100 (guess)
Open Pit
show
It was construction-ready for Bear Creek Mining. Size: 5,700 ha
Dev
San Luis
Peru
100 (guess)
Both
show
350K oz AU at 20 gpt
8M oz AG at 500 gpt
Growing in size. Size: 23,000 ha
Exp
La Estrella
Peru
100 (guess)
n/a
show
Drilling Size: 2,900 ha
Current Data
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Dev
Corani
Cusco
100 (guess)
Open Pit
show
It was construction-ready for Bear Creek Mining. Size: 5,700 ha
Dev
San Luis
Peru
100 (guess)
Both
show
350K oz AU at 20 gpt
8M oz AG at 500 gpt
Growing in size. Size: 23,000 ha
Exp
La Estrella
Peru
100 (guess)
n/a
show
Drilling Size: 2,900 ha
Profitability (by resource)
Proven & Probable
12/23/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
n/a
n/a
n/a
0.00%
Percentage Silver:
100.00%
100.00%
n/a
0.00%
Total (Gold Eq. Oz.):
n/a
n/a
n/a
0.26M
Total (Silver Eq. Oz.):
175.00M
175.00M
n/a
0.00M
P L A U S I B L E
Gold Eq. Oz.:
n/a
n/a
n/a
0.19M
Silver Eq. Oz.:
131.25M
131.25M
n/a
0.00M
Maximum Profit (Gold):
n/a
n/a
n/a
$0.00M
Maximum Profit (Silver):
$4,461.19M
$6,846.00M
n/a
$2,384.81M
Total Maximum Profit:
$4,461.19M
$6,846.00M
n/a
$2,384.81M
Max Profit / Current MCap:
5.949
4.836
n/a
-1.112
Max Profit Per Share (Gold):
n/a
n/a
n/a
$0.00
Max Profit Per Share (Silver):
$22.09
$31.26
n/a
$9.18
Total Max Profit Per Share:
$22.09
$31.26
n/a
$9.18
Total Free Profit Per Share:
$16.99
$22.41
n/a
$5.43
FD MCap / Gold Eq.:
$370.64
$638.37
n/a
$267.73
FD MCap / Silver Eq.:
$5.71
$10.79
n/a
$5.07
FD MCap / Per Metal as % Spot Price:
8.28%
12.37%
n/a
4.09%
EV / Gold Eq.:
$330.71
$601.81
n/a
$271.10
EV / Silver Eq.:
$5.10
$10.17
n/a
$5.07
EV / Per Metal as % Spot Price:
7.39%
11.67%
n/a
4.28%
Measured & Indicated
12/23/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
n/a
n/a
n/a
0.00%
Percentage Silver:
100.00%
100.00%
n/a
0.00%
Total (Gold Eq. Oz.):
n/a
n/a
n/a
0.33M
Total (Silver Eq. Oz.):
225.00M
225.00M
n/a
0.00M
P L A U S I B L E
Gold Eq. Oz.:
n/a
n/a
n/a
0.24M
Silver Eq. Oz.:
161.25M
161.25M
n/a
0.00M
Maximum Profit (Gold):
n/a
n/a
n/a
$0.00M
Maximum Profit (Silver):
$5,480.89M
$8,410.80M
n/a
$2,929.91M
Total Maximum Profit:
$5,480.89M
$8,410.80M
n/a
$2,929.91M
Max Profit / Current MCap:
7.308
5.942
n/a
-1.367
Max Profit Per Share (Gold):
n/a
n/a
n/a
$0.00
Max Profit Per Share (Silver):
$27.13
$38.41
n/a
$11.27
Total Max Profit Per Share:
$27.13
$38.41
n/a
$11.27
Total Free Profit Per Share:
$22.03
$29.56
n/a
$7.52
FD MCap / Gold Eq.:
$301.69
$519.61
n/a
$217.92
FD MCap / Silver Eq.:
$4.65
$8.78
n/a
$4.13
FD MCap / Per Metal as % Spot Price:
6.74%
10.07%
n/a
3.33%
EV / Gold Eq.:
$269.18
$489.85
n/a
$220.67
EV / Silver Eq.:
$4.15
$8.28
n/a
$4.13
EV / Per Metal as % Spot Price:
6.02%
9.50%
n/a
3.48%
Reserves & Resources
12/23/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
n/a
n/a
n/a
0.00%
Percentage Silver:
100.00%
100.00%
n/a
0.00%
Total (Gold Eq. Oz.):
n/a
n/a
n/a
0.44M
Total (Silver Eq. Oz.):
300.00M
300.00M
n/a
0.00M
P L A U S I B L E
Gold Eq. Oz.:
n/a
n/a
n/a
0.28M
Silver Eq. Oz.:
189.38M
189.38M
n/a
0.00M
Maximum Profit (Gold):
n/a
n/a
n/a
$0.00M
Maximum Profit (Silver):
$6,436.86M
$9,877.80M
n/a
$3,440.94M
Total Maximum Profit:
$6,436.86M
$9,877.80M
n/a
$3,440.94M
Max Profit / Current MCap:
8.583
6.978
n/a
-1.605
Max Profit Per Share (Gold):
n/a
n/a
n/a
$0.00
Max Profit Per Share (Silver):
$31.87
$45.10
n/a
$13.24
Total Max Profit Per Share:
$31.87
$45.10
n/a
$13.24
Total Free Profit Per Share:
$26.77
$36.25
n/a
$9.49
FD MCap / Gold Eq.:
$256.88
$442.44
n/a
$185.55
FD MCap / Silver Eq.:
$3.96
$7.47
n/a
$3.51
FD MCap / Per Metal as % Spot Price:
5.74%
8.58%
n/a
2.84%
EV / Gold Eq.:
$229.20
$417.10
n/a
$187.89
EV / Silver Eq.:
$3.53
$7.05
n/a
$3.51
EV / Per Metal as % Spot Price:
5.12%
8.08%
n/a
2.96%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
12/23/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7280
CAD 0.7304
02/23/2026
Spot Gold:
$4,475.11
$5,158.96
02/23/2026
$683.85
Spot Silver:
$68.99
$87.16
02/23/2026
$18.17
Gold:Silver Ratio:
64.87
59.19
02/23/2026
-5.68
Spot Gold (Future):
$6,000.00
$6,000.00
$0.00
Spot Silver (Future):
$150.00
$150.00
$0.00
Gold:Silver Ratio (Future):
40.00
40.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
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