Denarius Metals Corp (TSE:DMET) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Denarius Metals Corp. has revealed positive results from a Pre-Feasibility Study supporting the revival of the Aguablanca Nickel-Copper Project in Spain, with operations set to recommence by early 2025. The study forecasts a total net revenue of $480.3 million and an after-tax cash flow of $105.7 million over the mine’s 6-year life, highlighting an impressive after-tax IRR of 213%. The restart includes initiating the existing processing plant and positions the company for long-term mining operations, with additional potential from their nearby Lomero Project.
For further insights into TSE:DMET stock, check out TipRanks’ Stock Analysis page.