Puma Exploration Monetizes Turgeon Project as It Deepens Equity- and Royalty-Focused Growth Strategy

An update from Puma Exploration ( (TSE:PUMA) ) is now available.

Puma Exploration has completed the sale of its Turgeon base metal project to Raptor Resources, now largely controlled by Australia’s Eastern Metals (to be renamed Raptor Metals), securing C$391,631 in cash and 18.75 million Eastern Metals shares as part of a broader divestment of its Turgeon and Chester projects. Through these transactions with Raptor and Canadian Copper, Puma has received a total of C$970,023 in cash, substantial equity positions in Eastern Metals and Canadian Copper, and performance rights that may convert into additional Eastern Metals shares, while retaining several net smelter return royalties and planning a potential spin-out and listing of its Murray Brook Minerals subsidiary focused on critical minerals, thereby crystallizing value from non-core base metal assets and reinforcing its capital-light, royalty- and equity-driven growth model in the resource sector.

The most recent analyst rating on (TSE:PUMA) stock is a Hold with a C$0.19 price target. To see the full list of analyst forecasts on Puma Exploration stock, see the TSE:PUMA Stock Forecast page.

Spark’s Take on TSE:PUMA Stock

According to Spark, TipRanks’ AI Analyst, TSE:PUMA is a Neutral.

The score is held back primarily by weak financial performance (no revenue, ongoing losses and negative free cash flow), despite a low-debt balance sheet. Technicals are modestly supportive with the price above key moving averages, while valuation is constrained by negative earnings and no dividend. Positive corporate events around drilling results and new financing provide a meaningful, but secondary, uplift.

To see Spark’s full report on TSE:PUMA stock, click here.

More about Puma Exploration

Puma Exploration is a Canadian mineral exploration company focused on building a pipeline of precious metals projects in northern New Brunswick, with key gold properties such as the Williams Brook and McKenzie Gold projects positioned along the prospective Rocky Brook Millstream Fault. The company has been implementing its DEAR strategy (Discovery, Exploration, Acquisition, Royalties) to advance its assets while raising capital with limited share dilution, including spinning out base metal projects and retaining net smelter return royalties and strategic equity stakes in partner companies.

Average Trading Volume: 182,606

Technical Sentiment Signal: Buy

Current Market Cap: C$39.52M

For a thorough assessment of PUMA stock, go to TipRanks’ Stock Analysis page.