JUNIORMETRICS

Arizona Gold & Silver Inc.

AZASF·AZS·US$0.37 (CAD 0.52)·US$56.4M cap
Goldalso:Philadelphia Gold-Silver Project, Mohave County, Arizona Map

Arizona Gold & Silver (renamed from Arizona Silver Exploration, Sept. 2023) is exploring a high-grade epithermal gold-silver vein system at its 100%-owned Philadelphia Project in the historic Oatman Mining District (2M+ oz gold historically produced). In June 2026 the company received BLM approval to expand drilling by 16 new pads and is fully funded (~CAD $5M treasury after an $18M raise), targeting the down-dip Perry Zone extension plus a bulk-tonnage target beneath Red Hills toward a maiden resource estimate.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
Prior Ownership & Infrastructure
Road Access1 of 4 checked, 1 in place

Not yet determined: mill, tailings facility, grid power.

5.4/10
Weak track recordStrong track record
5.4/10 vs.
4.6/10
Thin runwayWell-capitalized
4.6/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
8.2/10
Harder place to buildEasier place to build
8.2/10 vs.
What goes into it
  • Jurisdiction (40%)9/10

    Arizona: Fraser PPI 2025 is 90.73 of 100 (rank 10 of 68), which maps to 9 on this site's scale. Mohave County, Arizona, USA — top-tier mining jurisdiction; BLM federal permitting on unpatented claims is the main friction point rather than state-level risk.

  • Infrastructure (40%)6.4/10

    Confirmed road access at Philadelphia Gold-Silver Project, Mohave County, Arizona; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.

  • Nearby producing mine (20%)10/10

    Moss (Mako Mining Corp.) is 10 km away -- within shared-mill trucking range.

5.8/10
Weaker profileStronger profile
5.8/10 vs.
Price Chart
$0.208$0.524$0.467$0.388$0.377AugDecAprJulOct2
Aug 12, 2025 – Oct 20, 2026
News
$0.37
+15.8%from low-57.2%from high
$0.32$0.86
$56.4M
Far belowFar above
$56.4M vs. $21.9M peer median
Price (USD - Local)
US$0.37 (CAD 0.52)
Cash Position (USD)
$3.6M
Far belowFar above
$3.6M vs. $3.3M peer median
Debt (USD)
$113.6K
Far aboveFar below
$113.6K vs. $0 peer median
$52.9M
Far belowFar above
$52.9M vs. $19.4M peer median
152.5M
Far aboveFar below
152.5M vs. 154.2M peer median
Jurisdiction
United States
7.3%
0%100%
7.3% vs. 12.1% peer median
10 kmfrom Mako Mining Corp.'s Moss
Within shared-mill range (~20km)
-$3.3M
Far belowFar above
-$3.3M vs. -$3.3M peer median
-$0.022
Far belowFar above
-$0.022 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
7.3/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score:
    8.7/10

    Evolution Mining Limited holds 9.9% (reported 20 Aug 2026) See holders

    An operating producer's stake scores 8 at 5%, rising to 10 at 20% (the take-over-bid threshold) and holding there up to 50%.

    Weight 25% · 34% here
  • Distance to a producing mine
    Sub-score:
    9/10

    Nearest producing mine: Moss (Mako Mining Corp.), 10 km

    10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.

    Weight 22.5% · 31% here
  • Lifecycle stage
    Sub-score:
    1/10

    Stage: Grassroots Exploration

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 20% here
  • Jurisdiction
    Sub-score:
    9/10

    United States: jurisdiction score 9/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 9% here
  • Commodity
    Sub-score:
    10/10

    Primary commodity: Gold

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 6% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-18.3% since 2026-08-01 · -27.5% from peak

Your Rankings

Community Sentiment
—SELLINGBUYING
CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
Jurisdiction— (0) 
Project Quality— (0) 

Management Team

President, CEO, and Director of Arizona Gold & Silver Inc., appointed November 2019. 35+ years in business ownership and the public sector, with experience in corporate financing and investor relations, leading advancement of the company's Philadelphia Project.

Chief Financial Officer and Corporate Secretary of Arizona Gold & Silver Inc.; also Chief Financial Officer of Silver Valley Metals Corp. CPA (British Columbia) and CPA (Illinois); former audit partner on engagements with junior mining, oil and gas, pharmaceutical, and high-tech companies; currently President of Golden Tree Capital Corp. and an accounting instructor.

Senior Vice President of Exploration at Arizona Gold & Silver Inc. (PhD Geology) Certified Professional Geologist with 25+ years advancing precious- and base-metal projects across North America and Australia; AIPG member.

Vice President - Exploration at Arizona Gold & Silver Inc. Certified Professional Geologist with 35+ years in exploration and mine development; previously held senior roles at multiple public mining companies.

Vice President of Corporate Communications at Arizona Gold & Silver Inc. MBA, Haskayne School of Business; previously worked in global production studios; now leads investor relations and corporate-communications strategy.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
5/10

Evolution Mining, a major international gold producer worth roughly C$23 billion, invested C$12 million in cash in August 2026 for about 9.9% of Arizona Gold & Silver -- a very fresh, substantial, and unusually well-documented strategic relationship, complete with board representation rights, a technical committee, and first refusal rights over the company's flagship project. Sorbie Bornholm LP and Sorbie Investments LLP, two commonly-branded vehicles of the same UK growth-capital investor, together hold a combined 16.4% from a June 2026 financing -- a sizeable position, though Sorbie's own stated mandate spans multiple industries rather than being a dedicated resource-sector specialist.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Arizona Gold & Silver, renamed from Arizona Silver Exploration in September 2023, is exploring a high-grade epithermal gold-silver vein system at its 100%-owned Philadelphia project in the historic Oatman mining district of Mohave County, Arizona. It received BLM approval in June 2026 to expand drilling with 16 new pads, targeting the down-dip extension of the Perry zone and a bulk-tonnage target beneath Red Hills, and no resource has been estimated yet. In August 2026 it closed a strategic placement with a subsidiary of Evolution Mining, which now holds about 9.9% of the company, with most of the proceeds earmarked for Philadelphia.