tiprankstipranks
Peruvian Metals Corp. Reports Record Production and Strategic Milestones in 2024
Company Announcements

Peruvian Metals Corp. Reports Record Production and Strategic Milestones in 2024

Story Highlights

Invest with Confidence:

Peruvian Metals ( (TSE:PER) ) just unveiled an update.

Peruvian Metals Corp. reported a record throughput of 33,889 tonnes at its Aguila Norte processing plant in 2024, marking a consistent increase over the past five years. The company also achieved significant milestones by consolidating a full interest in the Palta Dorada project and acquiring a 50% stake in San Maurizo Mines, which positions it to enhance mineral extraction capabilities in 2025. These strategic developments are set to bolster Peruvian Metals’ presence in the Peruvian gold space and potentially support a future Carbon in Pulp plant.

More about Peruvian Metals

Peruvian Metals Corp. is a Canadian company engaged in exploration and mineral processing. The company provides toll milling services and produces high-grade marketable concentrates from mineral purchases. Its Aguila Norte processing plant in Peru has an environmental permit allowing for operational expansion, and the company focuses on acquiring and developing precious and base metal properties in Peru.

YTD Price Performance: 20.0%

Average Trading Volume: 82,274

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.76M

For detailed information about PER stock, go to TipRanks’ Stock Analysis page.

Related Articles
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