Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Auric Minerals Corp. ( (TSE:AUMC) ).
Auric Minerals Corp. has signed an option agreement to earn a 100% interest in three uranium properties in Quebec, namely Caboose, Kawip, and Manic. This strategic move is part of Auric’s Eastern Canada exploration strategy, positioning the company in response to the rising global demand for uranium as a key energy source. The agreement involves staged payments totaling $300,000 over two years, enhancing Auric’s portfolio of uranium assets in a premier mining jurisdiction and reinforcing its commitment to growth in the region.
More about Auric Minerals Corp.
Auric Minerals Corp. is a mineral exploration company based in Oakville, Ontario. It focuses on uranium exploration and holds options over properties such as the Route 500 and Bub Uranium Properties in Labrador, and the Goodeye Property in British Columbia, Canada.
YTD Price Performance: -76.28%
Average Trading Volume: 707,541
Technical Sentiment Consensus Rating: Strong Buy
Learn more about AUMC stock on TipRanks’ Stock Analysis page.