JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Unico Silver Limited

USL·$0.61·$295.3M cap
Silveralso:Cerro Leon & Joaquin Districts, Santa Cruz, Argentina Map

Unico Silver holds 100% of the adjacent Cerro Leon and Joaquin silver-gold districts in Argentina's Santa Cruz province, with a combined mineral resource of roughly 330 million ounces of silver equivalent (Joaquin alone stands at 167 million ounces AgEq as of March 2026); the company has moved into Pre-Feasibility Study workstreams, including geotechnical and environmental baseline drilling, with a maiden PFS targeted for late Q3 2026.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
10/10
Weak track recordStrong track record
6.9/10
Thin runwayWell-capitalized
6/10
High riskLow risk
How this is calculated
7.9/10
Weaker depositStronger deposit
7.7/10
Weaker profileStronger profile
Price Chart
$0.268$0.381$0.674$0.395$0.613AugNovMarJunSep
Aug 12, 2025Sep 4, 2026
Stage changeNews
$0.61
+125%from low-27%from high
$0.27$0.84
See who ↓
26%
Low alignmentHigh alignment
See who ↓
10.4%
Low alignmentHigh alignment
$295.3M
Far belowFar above
$41.4M median
Price (USD - Local)
$0.61 - AUD 0.85
Cash Position (USD)
$38.4M
Far belowFar above
$17M median
Debt (USD)
This company's data hasn't been researched yet
$256.8M
Far belowFar above
$35.4M median
640.4M
Far aboveFar below
138M median
Jurisdiction
Argentina
329,000,000 oz
Far belowFar above
47.1M median
$0.781/oz
Far aboveFar below
$5.50/oz median
3.8993 oz/tCut-off: Cerro Leon: 50 g/t AgEq (global MRE, within 250m depth / <150 mRL). Joaquin: no citable cutoff grade found in available sources -- do not assume it matches Cerro Leon's
Far belowFar above
5.21 oz/t median
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
26%
0%100%
12.1% median
10.4%
0%100%
7.2% median
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
4.4/10
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 the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+18.5% since 2026-07-30 · -6.1% from peak

Your Rankings

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Management Team

Managing Director of Unico Silver Limited. Exploration geologist, BSc (Hons), University of Adelaide. Over the past decade specialized in the acquisition, exploration and development of silver, gold and copper projects across South America.

Executive Director of Unico Silver Limited; the company's own verified X/Twitter account (@USL_UnicoSilver) confirms the spelling "Canterbury" (the Corporate Directory page misspells it "Cantebury"). Over 30 years of financial, corporate and development experience in international mining. Most recently CFO of De Grey Mining (ASX: DEG) from February 2021 to its takeover by Northern Star in May 2025, where he helped raise over A$1.2 billion in equity and secure A$1.13 billion in project finance. Earlier CFO of Sundance Resources, including a period as Acting CEO after a fatal plane crash killed the board and CEO; CEO of Bauxite Resources 2013-2016; Managing Director of Triton Minerals 2016-2021. Originally joined Unico as a Non-Executive Director before being promoted to Executive Director.

Executive Director of Unico Silver Limited. Over 35 years in project development, operational readiness, mine operations and corporate mining roles, including at Barrick Gold Corporation and, prior to that, Placer Dome; worked across Australia, Canada, the US, Africa, the Middle East and South America.

Financial Controller of Unico Silver Limited. Registered accountant with the Association of Accountants of Catamarca, Argentina, based there. Over 15 years' experience in taxation, advanced accounting and auditing.

Country Manager of Unico Silver Limited. Lawyer qualified at the Argentine Bar, specializing in mining law including foreign investment and business incorporation. Over 14 years working with exploration mining companies.

Vice President of Exploration of Unico Silver Limited. Former Lead Geologist, Generative Exploration, Newmont (Cerro Negro). 14 years of gold/silver exploration experience in Santa Cruz, Argentina. Former Chief Geologist at Argentex (Pinguino project) and Lead Geologist Exploration at Goldcorp.

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
1/10

One genuine sector specialist shows up on the register -- Commodity Capital AG, a German boutique that runs a dedicated global mining fund -- but at about 3.2% it is a small position rather than a conviction stake. The rest of the top holders are an Argentine investment company at 4.7%, a US small-cap value fund at 3.0%, and two individuals. No producer holds shares, institutional ownership is only 10.4%, and there are no insider transactions on record. This is a checked-and-little-found result, not a judgment about the company.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.