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Denarius Metals Corp ( (TSE:DMET) ) has issued an announcement.
Denarius Metals Corp has been granted the Cruzadillo Investigation Permit near its Lomero Project in Huelva, Spain, expanding its exploration area in the Iberian Pyrite Belt to approximately 665 hectares. This permit enhances the company’s potential for discovering additional polymetallic deposits, providing legal coverage over additional land and supporting future exploration activities. The company plans to design a drilling campaign in 2026 to test for polymetallic bodies that could increase the Lomero Project’s mineral resources.
The most recent analyst rating on (TSE:DMET) stock is a Buy with a C$1.81 price target. To see the full list of analyst forecasts on Denarius Metals Corp stock, see the TSE:DMET Stock Forecast page.
Spark’s Take on TSE:DMET Stock
According to Spark, TipRanks’ AI Analyst, TSE:DMET is a Underperform.
Denarius Metals Corp’s overall stock score is low, reflecting significant financial challenges with persistent losses and high leverage. The lack of technical momentum and poor valuation metrics further weigh on the score. However, recent corporate events, including strategic financing and project advancements, offer some optimism for future operational improvements.
To see Spark’s full report on TSE:DMET stock, click here.
More about Denarius Metals Corp
Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development, and eventual operation of precious metals and polymetallic mining projects in high-grade districts in Colombia and Spain. The company is listed on Cboe Canada and the OTCQX Market in the United States. In Colombia, it operates the Zancudo Project, a high-grade gold-silver deposit, and in Spain, it has interests in projects focused on critical minerals, including the Aguablanca Project.
Technical Sentiment Signal: Sell
Current Market Cap: C$36.29M
For a thorough assessment of DMET stock, go to TipRanks’ Stock Analysis page.