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Plata Latina Minerals ( (TSE:PLA) ) has shared an update.
Plata Latina Minerals has completed the sale of a 3% net smelter return on the Naranjillo property to a subsidiary of Fresnillo plc for $6 million. This transaction signifies a strategic move for Plata Latina, enhancing its cash position and allowing it to focus on other opportunities, while retaining a 2% NSR on another project in Mexico.
More about Plata Latina Minerals
Plata Latina Minerals is a growth-focused company in the mining industry, specializing in exploring strategic opportunities. The company aims to create long-term value through acquisitions, partnerships, and other strategic transactions, and holds a 2% net smelter return on the La Joya Project in Mexico.
YTD Price Performance: 500.0%
Average Trading Volume: 150,210
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$4.74M
Find detailed analytics on PLA stock on TipRanks’ Stock Analysis page.