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An announcement from Investigator Resources Ltd ( (AU:IVR) ) is now available.
Investigator Silver Limited has completed the sale of its 25% interest in the Molyhil tungsten–molybdenum project in the Northern Territory to Tivan Limited, receiving a A$750,000 completion payment and bringing total upfront cash proceeds to A$875,000. The company retains rights to a further A$1.31 million in deferred consideration over three years, part of which may be paid in Tivan shares, and positions the divestment as a strategic move to crystallise value from a non-core asset and sharpen its focus on advancing the Paris Silver Project and other precious metals initiatives, thereby simplifying its asset portfolio and reinforcing its financial capacity for core project development.
The most recent analyst rating on (AU:IVR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Investigator Resources Ltd stock, see the AU:IVR Stock Forecast page.
More about Investigator Resources Ltd
Investigator Silver Limited is an ASX-listed exploration and development company focused on precious metals, with its core growth platform centred on the Paris Silver Project in South Australia. The company is actively rationalising its broader portfolio to concentrate capital and management resources on silver and aligned precious metals opportunities, supported by a streamlined asset base and a strengthened balance sheet.
YTD Price Performance: -3.45%
Average Trading Volume: 12,677,862
Technical Sentiment Signal: Buy
Current Market Cap: A$277.4M
Learn more about IVR stock on TipRanks’ Stock Analysis page.