District Metals ( (TSE:DMX) ) has issued an update.
District Metals Corp. has released its Q2 2025 financial and operational results, highlighting significant advancements in its mineral exploration projects. The company has commenced an updated mineral resource estimate for the Viken Energy Metals Deposit and continues to progress its Tomtebo and Stollberg properties with a $3 million exploration budget. Additionally, District Metals acquired a 2% NSR Royalty over the Viken deposit, enhancing its asset value, and began trading its Swedish depositary receipts on Nasdaq First North Growth Market, reflecting its strategic expansion in the European market.
More about District Metals
District Metals Corp. operates in the mining industry, focusing on the exploration and development of polymetallic properties, particularly in Sweden. The company is engaged in mineral exploration activities and aims to advance its base metal polymetallic properties, with a market focus on energy metals and uranium.
YTD Price Performance: -7.86%
Average Trading Volume: 82,869
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $33.35M
See more data about DMX stock on TipRanks’ Stock Analysis page.