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Prime Mining ( (TSE:PRYM) ) has shared an update.
Prime Mining Corp. reported significant progress in 2024, expanding its Los Reyes Gold-Silver Project with a 49% increase in indicated resources and an 11% increase in inferred resources. Despite a temporary suspension of drilling due to security concerns, the company remains financially strong with $19 million in cash and is poised to continue its exploration efforts in 2025, aiming for a Preliminary Economic Assessment and further community engagement.
More about Prime Mining
Prime Mining Corp. is a company focused on the exploration and development of its high-grade Los Reyes Gold-Silver Project located in Sinaloa State, Mexico. The company operates in the mining industry, with a primary focus on gold and silver resources, and is committed to advancing its projects while engaging with local communities and adhering to environmental stewardship.
YTD Price Performance: -6.44%
Average Trading Volume: 19,211
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $140.8M
See more data about PRYM stock on TipRanks’ Stock Analysis page.
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