Acquisition And Operating Cash FlowAcquisition of Florida Canyon supplies an established operating base and steady cash flow, enabling funding for development work and reducing execution risk for growth projects.
Feasibility Study And Cost ProfileUpdated feasibility study highlights a low-cost, capital-efficient DeLamar project with a very low life-of-mine strip ratio, supporting strong project economics and favorable positioning versus peers.
Operational Upgrades And Permitting ProgressUpgrades to the mining fleet, a two-heap leach configuration, and permitting advancements are expected to raise productivity, lower unit costs, and improve buildability; analyst's Buy rating also factors in anticipated lower sustaining costs in 2026.