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CoTec Holdings ( (TSE:CTH) ) has shared an update.
CoTec Holdings Corp. reported strong operational and financial progress in the second quarter of 2025. The company made significant strides in its rare earth magnet recycling joint venture, HyProMag USA, and its Lac Jeannine iron ore tailings project. CoTec also achieved milestones in its investments in low-carbon copper heap leaching and iron ore concentration. The quarter saw successful financing activities, including an oversubscribed offering that raised $13.5 million, further strengthening its financial position despite reporting a net loss of $4.0 million due to non-cash adjustments.
More about CoTec Holdings
CoTec Holdings Corp. is a publicly traded investment issuer listed on the TSX Venture Exchange and OTCQB. The company focuses on revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. CoTec aims to drive the sector toward a low-carbon future by investing in disruptive mineral extraction technologies.
Average Trading Volume: 37,574
Technical Sentiment Signal: Buy
Current Market Cap: C$89.83M
See more insights into CTH stock on TipRanks’ Stock Analysis page.