Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
DLP Resources ( (TSE:DLP) ) just unveiled an update.
DLP Resources Inc. has successfully closed its private placement offerings, raising a total of $7.5 million through brokered and non-brokered offerings. The proceeds will be used for exploration activities, including a Preliminary Economic Assessment report for the Aurora Property, and for general corporate purposes. This financial move is expected to bolster DLP’s operational capabilities and enhance its market position in the mineral exploration industry.
The most recent analyst rating on (TSE:DLP) stock is a Buy with a C$0.56 price target. To see the full list of analyst forecasts on DLP Resources stock, see the TSE:DLP Stock Forecast page.
More about DLP Resources
DLP Resources Inc. is a mineral exploration company operating in Peru and Southeastern British Columbia, focusing on exploring for Base Metals and Cobalt. The company is listed on the TSX-V and OTCQB markets.
Average Trading Volume: 118,077
Technical Sentiment Signal: Sell
Current Market Cap: C$43.66M
See more insights into DLP stock on TipRanks’ Stock Analysis page.