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Arizona Sonoran Copper Co., Inc. ( (TSE:ASCU) ) has issued an update.
Arizona Sonoran Copper Company Inc. highlighted its significant progress at the Cactus Project in 2024 and outlined its strategic goals for 2025, focusing on optimizing asset-level operations. The company is financially robust, having raised approximately $59.2 million CAD, and aims to enhance project value through ongoing studies. The 2024 Preliminary Economic Assessment indicated a strong economic potential for the Cactus Project, with after-tax NPV of $2.03 billion and an IRR of 24%, positioning it to add value across various copper price environments.
More about Arizona Sonoran Copper Co., Inc.
Arizona Sonoran Copper Company Inc. is an emerging U.S. copper developer focused on advancing the Cactus Project in Arizona. The company is engaged in the copper mining industry and aims to develop a 31-year open pit, heap leach, and SXEW operation.
YTD Price Performance: 11.41%
Average Trading Volume: 114,740
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$225M
For a thorough assessment of ASCU stock, go to TipRanks’ Stock Analysis page.