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Denarius Metals Corp ( (TSE:DMET) ) just unveiled an announcement.
Denarius Metals Corp has reported its first revenues from the Zancudo Project in Colombia, marking a significant milestone as it commenced mining operations in April 2025. The company recorded its initial shipment of crushed material to Trafigura, generating a margin of $1,043 per ounce of gold sold. As operations ramp up, the company anticipates increased shipments and improved payability rates once it begins shipping concentrates. Additionally, Denarius Metals is advancing its Aguablanca Project in Spain, having secured necessary permits and financing for refurbishment, with plans to restart mining operations by mid-2026. To support its activities, the company raised $7.8 million through private placements in the first half of 2025.
The most recent analyst rating on (TSE:DMET) stock is a Buy with a C$1.81 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 Underperform.
Denarius Metals Corp’s overall stock score is low, reflecting significant financial challenges with persistent losses and high leverage. The lack of technical momentum and poor valuation metrics further weigh on the score. However, recent corporate events, including strategic financing and project advancements, offer some optimism for future operational improvements.
To see Spark’s full report on TSE:DMET stock, click here.
More about Denarius Metals Corp
Denarius Metals Corp is a company operating in the mining industry, focusing on the extraction and processing of precious metals. The company is involved in projects in Colombia and Spain, with a market focus on generating revenue through the sale of mined materials such as gold and silver.
Technical Sentiment Signal: Sell
Current Market Cap: C$36.29M
Find detailed analytics on DMET stock on TipRanks’ Stock Analysis page.