Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
URA Holdings PLC ( (GB:GEMR) ) has shared an update.
Gem Resources Plc has adopted a Cryptocurrency and Digital Asset Treasury Policy to integrate cryptocurrencies into its treasury and commercial operations. This policy allows GEMR to accept payments for emerald sales in Bitcoin and other approved cryptocurrencies, enhancing its global trade capabilities. The policy includes comprehensive risk management procedures and aligns with regulatory requirements, ensuring that cryptocurrency activities remain ancillary to its core emerald mining operations. This strategic move is expected to increase GEMR’s operational efficiency and long-term shareholder value.
More about URA Holdings PLC
Gem Resources Plc (GEMR) is an emerging emerald producer with a focus on the Gravelotte Emerald Mine in South Africa, historically one of the world’s largest emerald mines. The company is dedicated to sustainable and efficient mining practices, using modern technology to revitalize this significant site. GEMR has also expanded its operations with the acquisition of the Curlew Emerald Mine in Australia.
Average Trading Volume: 2,540,336
Technical Sentiment Signal: Buy
Current Market Cap: £1.14M
See more data about GEMR stock on TipRanks’ Stock Analysis page.