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Denarius Metals Corp ( (TSE:DMET) ) has provided an announcement.
Denarius Metals reported initial 2025 production results from the early production phase at its Zancudo gold-silver project in Colombia, where it began mining in the second quarter and shipped 2,093 tonnes of crushed material to Trafigura, generating about US$1.7 million in revenue with average head grades of 8 g/t gold and 224.8 g/t silver. The company is ramping up operations, progressing development toward long-term semi-mechanized mining, and expects commissioning of a 1,000 tpd processing plant in the third quarter of 2026, after which it plans to produce higher-value gold-silver concentrates with improved payability rates, a shift management describes as transformational for the company. Denarius also strengthened its balance sheet and broadened its shareholder base through the recent exercise of warrants and stock options, issuing over 2 million new shares and raising approximately CA$1.4 million in gross proceeds, with additional warrant exercises anticipated ahead of 2026 expiries.
The most recent analyst rating on (TSE:DMET) stock is a Sell with a C$0.55 price target. To see the full list of analyst forecasts on Denarius Metals Corp stock, see the TSE:DMET Stock Forecast page.
Spark’s Take on TSE:DMET Stock
According to Spark, TipRanks’ AI Analyst, TSE:DMET is a Neutral.
The score is held down primarily by weak financial performance (large losses, persistent cash burn, and rising leverage). Technicals are neutral-to-risky (flat trend with an overbought RSI), while valuation offers limited support due to negative earnings and no dividend. Offsetting these, corporate updates are constructive (permits, resource upgrade, early production and financing activity).
To see Spark’s full report on TSE:DMET stock, click here.
More about Denarius Metals Corp
Denarius Metals Corp. is a Canadian junior mining company focused on the acquisition, exploration, development and operation of precious metals and polymetallic projects in high-grade districts in Colombia and Spain. The company, listed on Cboe Canada under “DMET” and on the OTCQX in the U.S. under “DNRSF”, is advancing its 100%-owned high-grade Zancudo gold-silver project in Colombia and holds interests in critical-minerals projects in Spain, including the Aguablanca Project recognized by the EU as a strategic asset.
Technical Sentiment Signal: Sell
Current Market Cap: C$36.29M
For detailed information about DMET stock, go to TipRanks’ Stock Analysis page.