tiprankstipranks
Dundee Precious Metals Sells Tsumeb Smelter
Company Announcements

Dundee Precious Metals Sells Tsumeb Smelter

Story Highlights

Dundee Precious Mtl (TSE:DPM) has released an update.

Don't Miss our Black Friday Offers:

Dundee Precious Metals Inc. has successfully completed the sale of its Tsumeb smelter to Sinomine Resource Group Co. Ltd. for a $20 million purchase price, adjusted to $15.9 million after accounting for debt, cash, and an escrow holdback. The transaction aligns with the company’s strategic focus on shareholder value and marks a continued effort to optimize its international gold mining operations.

For further insights into TSE:DPM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyDundee Precious Metals price target raised to C$18 from C$16.50 at Scotiabank
TipRanks Canadian Auto-Generated NewsdeskDundee Precious Metals Reports Strong Q3 2024 Results
Howard KimDPM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App