Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Denarius Metals Corp ( (TSE:DMET) ) has shared an announcement.
Denarius Metals Corp. announced the details for the interest payments on its convertible unsecured debentures due on June 30, 2025. The company has amended its trust indentures to allow the issuance of common shares instead of cash for settling monthly interest payments from June 2025 to May 2026. This strategic move, subject to Cboe Canada’s acceptance, aims to manage cash flow while engaging stakeholders through equity distribution. The issuance will not exceed the maximum number of shares stipulated, and key executives will receive shares in settlement of interest on their debenture holdings.
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 is a Canadian junior company involved in the acquisition, exploration, development, and operation of precious metals and polymetallic mining projects in Colombia and Spain. The company is listed on Cboe Canada under the symbol ‘DMET’ and on the OTCQX Market in the United States under ‘DNRSF’. In Colombia, it operates the Zancudo Project, a high-grade gold-silver deposit. In Spain, it has interests in three projects focused on critical minerals, including the Aguablanca Project, the Lomero Project, and the Toral Project.
Technical Sentiment Signal: Sell
Current Market Cap: C$36.29M
Find detailed analytics on DMET stock on TipRanks’ Stock Analysis page.