Back in 2020, when AbraSilver Resource Corp (then AbraPlata) was trading in the $0.30–$0.40 range with a market cap under $100 million, we highlighted it as a compelling Argentina-focused junior with crisis protection and megatrend upside. Our full analysis is still available here: https://www.canadianminingreport.com/news/custom/abraplata-cmr-s-full-analysis-of-an-argentina-focussed-gold-and-silver-junior
And we revisited it in 2023 here: https://www.canadianminingreport.com/news/custom/crisis-protection-and-megatrend-upside-watch-this-stock
Five years later, with the stock now trading around C$10.40 (as of late December 2025) and a market cap approaching C$1.6 billion, the thesis has evolved — but the core reasons it deserved a spot in long-term precious metals stocks portfolios remain intact, and in many ways have strengthened.
For experienced investors seeking long-term mining stocks with genuine leverage to silver and gold, AbraSilver Resource Corp stock continues to offer an attractive profile. Let's examine why it still merits consideration as a long-term hold, and whether AbraSilver Resource Corp is a good long term investment in the current environment.
The Original Thesis: High-Grade, Undervalued Ounces in a Proven District
In 2020, the investment case centered on the Diablillos project in Salta province — an advanced silver-gold epithermal system with existing infrastructure, straightforward metallurgy, and substantial exploration upside.
At the time, the resource stood at roughly 160 Moz silver equivalent in measured and indicated categories. The project showed robust economics even at conservative metal prices, with potential for expansion in multiple directions.
Fast forward to 2025: The measured and indicated resource has grown to approximately 199 Moz contained silver and 1.7 Moz gold (350 Moz AgEq), with ongoing drilling consistently adding high-grade ounces and identifying new zones like Oculto East.
The thesis was right — and the market has rewarded patient holders with multi-bagger returns.
Current Status: A De-Risked Developer with Production Visibility
AbraSilver has made steady progress:
Completed multiple financings totaling over $80 million in 2025, leaving a strong treasury
Advanced metallurgical optimization and engineering studies
Submitted application for Argentina's RIGI incentive regime (potential tax benefits)
Ongoing Phase V drilling continues to deliver wide, high-grade intercepts (e.g., 274m @ 0.60 g/t Au including higher-grade sections in December 2025)
The company is now targeting a Definitive Feasibility Study in Q1 2026, followed by potential construction decision.
This progression from early exploration to near-production is exactly what separates long-term winners from perpetual juniors.
Why AbraSilver Fits Long Term Precious Metals Stocks Portfolios
Several factors make AbraSilver Resource Corp stock suitable for long-term holding:
Leverage to Silver and Gold
Diablillos is primarily a silver project with substantial gold credits. In a continued precious metals bull (silver often outperforms gold in later stages), this dual exposure provides strong leverage.
Jurisdiction Improvements
Argentina's mining policies have stabilized under recent administrations. The RIGI regime offers 30-year tax stability for large projects — a meaningful de-risking factor if approved.
Resource Growth Potential
Recent drilling at Oculto East and JAC continues to expand the system. The project remains open in multiple directions, with potential for both higher-grade zones and bulk tonnage.
Reasonable Valuation Relative to Peers
While the market cap has grown significantly, AbraSilver still trades at competitive EV/oz metrics compared to similar-stage silver-gold developers.
Experienced Team with Skin in the Game
Management and board have track records in project development and value creation.
Is AbraSilver Resource Corp a Good Long Term Investment?
For investors focused on long term mining stocks, the answer depends on your objectives.
Yes, if you believe:
Precious metals remain in a structural bull market
Silver will play catch-up to gold
Quality developers in improving jurisdictions will re-rate
Caution if you need:
Near-term cash flow (production still 2–3 years away)
Minimal jurisdictional risk
Pure gold exposure
Should investors hold AbraSilver stock long term? Those who bought in 2020–2022 and held have been well rewarded. Current shareholders with conviction in the project's economics and Argentina's improving environment may find holding reasonable — particularly with potential 2026 catalysts (DFS, RIGI approval, resource expansion).
New investors face a higher entry price, so position sizing matters.
What Exchanges is Abra Silver Traded On?
AbraSilver Resource Corp trades primarily on the Toronto Stock Exchange (TSX) under the symbol ABRA, having graduated from the TSX Venture Exchange in early 2025.
It also trades on the OTCQX in the U.S. under ABBRF.
How Does Abra Silver Compare to Its Competitors?
Direct peers include other silver-gold developers in Argentina and similar jurisdictions:
Compared to projects like Josemaria (copper-gold) or Navidad (silver), Diablillos offers higher silver grades and simpler metallurgy.
Versus Mexican silver juniors, it benefits from Argentina's improving incentives and lower perceived jurisdictional risk for many investors.
Resource size and grade place it among the better undeveloped silver-gold deposits globally.
The Bottom Line
AbraSilver Resource Corp deserved a place in long-term portfolios in 2020 because of its high-grade resource, exploration upside, and reasonable valuation in a bull market setup.
It still does in late 2025 — now as a more de-risked developer with production visibility, substantial resource growth, and potential catalysts ahead.
Whether you hold, add, or initiate depends on your conviction in silver's role in the ongoing precious metals cycle and comfort with Argentina exposure.
For long-term precious metals stocks investors, it's worth monitoring closely.
Stay informed,
CanadianMiningReport.com
P.S. Companies evolve — some theses strengthen, others weaken. If you're reviewing your junior mining holdings for 2026 positioning, The Wealthy Miner community is where I share ongoing updates on names like this. Join if you'd like that level of detail.
Disclaimer: This report is for informational use only and should not be used an alternative to the financial and legal advice of a qualified professional in business planning and investment. We do not represent that forecasts in this report will lead to a specific outcome or result, and are not liable in the event of any business action taken in whole or in part as a result of the contents of this report.
Author
Ben McGregor authors the Weekly Roundup at CanadianMiningReport.com, providing sharp analysis of the metals and mining sector. With a talent for spotting trends, Ben distills complex market shifts into clear, engaging insights on TSXV junior miners. His weekly updates cover gold, copper, uranium, and more, blending data-driven perspectives with a knack for identifying opportunities. A vital resource for investors, Ben’s work navigates the dynamic junior mining landscape with precision.