Discovery Silver ( (TSE:DSV) ) has shared an update.
Discovery Silver Corp. has received overwhelming shareholder approval for the issuance of shares related to its acquisition of Newmont Corporation’s Porcupine Complex. This strategic acquisition, expected to close in the first half of 2025, will significantly enhance Discovery’s operational footprint in the gold sector, transforming it into a prominent gold producer with substantial growth potential in the renowned Timmins gold camp.
More about Discovery Silver
Discovery Silver Corp. is a North American precious metals company with a focus on silver, primarily through its Cordero project in Chihuahua State, Mexico, which is one of the world’s largest undeveloped silver deposits. The company is expanding into gold production with the acquisition of the Porcupine Complex from Newmont Corporation, positioning itself as a new Canadian gold producer with operations in the Timmins, Ontario area.
YTD Price Performance: 150.91%
Average Trading Volume: 355,075
Technical Sentiment Signal: Sell
Current Market Cap: $569.3M
Find detailed analytics on DSV stock on TipRanks’ Stock Analysis page.