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Almaden Minerals ( (TSE:AMM) ) has issued an announcement.
On February 28, 2025, Almaden Minerals Ltd. entered into a definitive agreement to sell its Rock Creek Mill assets in Nome, Alaska, to Metals Exploration PLC for $9.7 million. The transaction, subject to certain conditions including a final inspection, is expected to close by August 31, 2025, with the purchase price payable in installments. This strategic move may impact Almaden’s operational focus and financial positioning, while also influencing stakeholder interests.
More about Almaden Minerals
Almaden Minerals Ltd. is a company operating in the mining industry, primarily focused on the exploration and development of mineral properties. The company is known for its involvement in the extraction and sale of mineral resources.
YTD Price Performance: 116.22%
Average Trading Volume: 91,903
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.98M
For a thorough assessment of AMM stock, go to TipRanks’ Stock Analysis page.