Triton Minerals Limited (AU:TON) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Triton Minerals Limited has inked a deal with Shandong Yulong Gold to sell 70% of its Mozambique Graphite Assets for $17 million. The agreement is part of Triton’s strategy to unlock shareholder value and further its exploration efforts, while retaining a 30% interest in the graphite assets. This move is expected to bolster Triton’s financial position and diversify its asset portfolio.
For further insights into AU:TON stock, check out TipRanks’ Stock Analysis page.