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The latest announcement is out from Central Puerto SA ( (CEPU) ).
Central Puerto S.A., through its subsidiary Proener S.A.U., has signed a subscription agreement to increase its stake in AbraSilver Resource Corp. from 4% to 9.9%. AbraSilver owns the Diablillos silver-gold project in northwestern Argentina, which has significant proven resources. The funds from this investment will support a feasibility study for the project, expected to conclude by December, facilitating the planning of mine construction.
More about Central Puerto SA
Central Puerto S.A. is a company involved in the energy sector, primarily focusing on power generation. The company is based in Buenos Aires, Argentina, and operates through various subsidiaries, including Proener S.A.U.
YTD Price Performance: -6.95%
Average Trading Volume: 400,570
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.48B
Find detailed analytics on CEPU stock on TipRanks’ Stock Analysis page.
