Electric Royalties (TSE:ELEC) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Electric Royalties Ltd. has entered into an agreement to purchase a cash-flowing copper stream from Minera Cobre Verde in Chile, which will immediately grant them the right to acquire a fixed amount of copper monthly at a set price for four years. This strategic move is expected to significantly increase the company’s revenue and cash flow, while offering potential future benefits in production expansion partnerships.
For further insights into TSE:ELEC stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money