TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Panoro Minerals ( (TSE:PML) ) has shared an announcement.
Panoro Minerals Ltd. announced that Hudbay Peru S.A.C. will repurchase and cancel the 2% net smelter return royalty on the Kusiorcco Project for $2 million. This transaction allows Panoro to focus on its Cotabambas Project, aiming to enhance its value through prefeasibility and feasibility studies, while exploring strategic alternatives for shareholder value.
More about Panoro Minerals
Panoro Minerals Ltd. is involved in the mining industry, focusing on developing mineral resources. The company’s primary project is the Cotabambas Project, where they are concentrating on project optimization and feasibility studies to advance the development.
YTD Price Performance: -9.38%
Average Trading Volume: 108,522
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$76.67M
For detailed information about PML stock, go to TipRanks’ Stock Analysis page.