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The latest announcement is out from Denarius Metals Corp ( (TSE:DMET) ).
Denarius Metals has detailed the upcoming January 31, 2026 payments on its convertible unsecured debentures, confirming that monthly interest due on its 2023 and 2024 debentures and the first quarterly gold premium on the 2023 debentures will be settled largely through the issuance of common shares, subject to Cboe Canada’s acceptance. For interest alone, the company will issue 487,985 shares, with insiders receiving 124,967 of those, while a surge in gold prices above the US$4,000 per ounce cap has triggered a maximum gold premium rate of 30.556% on the 2023 debentures, leading to a further issuance of 8,645,816 shares for net gold premiums, including 889,225 shares to insiders. The reliance on share settlement for both interest and gold premiums underscores Denarius Metals’ strategy of conserving cash as it advances capital-intensive mine development and processing infrastructure, but also implies notable equity dilution for existing shareholders at a time when the company is seeking to solidify its position in high-grade precious and critical metals markets in Colombia and Spain.
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 eventual operation of precious metals and polymetallic projects in high-grade districts in Colombia and Spain. It produces gold and silver in an early production phase at its 100%-owned Zancudo Project in Colombia while constructing a 1,000 tonnes-per-day plant targeted to start producing high-grade gold-silver concentrates by the third quarter of 2026. In Spain, the company holds a 22.1% interest and operates the Aguablanca nickel-copper project recognized by the EU as a Strategic Project, and owns 100% of the Lomero polymetallic deposit and the Toral high-grade zinc-lead-silver project, positioning it in critical minerals and precious metals markets across Europe and Latin America.
Technical Sentiment Signal: Sell
Current Market Cap: C$36.29M
For an in-depth examination of DMET stock, go to TipRanks’ Overview page.