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Inomin Mines (CVE:MINE) Trading Up 20% – Still a Buy?
Defense World· 2025-12-07 07:52
Inomin Mines Inc. (CVE:MINE – Get Free Report)’s share price rose 20% during trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 902,372 shares were traded during mid-day trading, an increase of 821% from the average daily volume of 98,010 shares. The stock had previously closed at C$0.08.Inomin Mines Stock Up 20.0%The business has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.05. The firm has a market cap of C$4.41 mi ...
Aztec Minerals (CVE:AZT) Shares Down 13.8% – Time to Sell?
Defense World· 2025-12-07 07:52
Group 1 - The company Aztec Minerals Corp. has a market capitalization of C$55.89 million and a debt-to-equity ratio of 1.71, indicating a relatively high level of debt compared to equity [1][2] - The company's stock price experienced a decline of 13.8%, trading as low as C$0.25, with a significant increase in trading volume of 778,876 shares, which is 329% higher than the average session volume [4] - Aztec Minerals primarily explores for gold, copper, silver, lead, and zinc deposits, with a notable property being the Cervantes porphyry gold-copper property in Sonora, Mexico, covering an area of 3,650 hectares [2] Group 2 - The company has a quick ratio of 5.32 and a current ratio of 2.83, suggesting strong liquidity positions [1] - The stock's PE ratio is -30.00, indicating that the company is currently not profitable [1] - The company's beta is 1.98, suggesting higher volatility compared to the market [1]
Inomin Mines (CVE:MINE) Stock Price Up 20% – Here’s Why
Defense World· 2025-12-07 07:52
Group 1 - Inomin Mines Inc.'s stock price increased by 20% during trading, reaching a high of C$0.10 and last trading at C$0.09 [1] - The trading volume surged to 902,372 shares, an increase of 821% compared to the average session volume of 98,010 shares, with the previous close at C$0.08 [1] Group 2 - Inomin Mines has a market capitalization of C$4.41 million, a P/E ratio of -9.00, and a beta of 4.97 [2] - The company's 50-day moving average price is C$0.08, while the 200-day moving average price is C$0.05 [2] Group 3 - Inomin Mines Inc. is an exploration stage company focused on identifying, acquiring, exploring, and evaluating mineral properties in Canada and Mexico, targeting deposits of magnesium, nickel, gold, silver, copper, chromium, cobalt, and zinc [3] - The company was incorporated in 2012 and is based in Vancouver, Canada [3]
Nortec Provides an Update on Proposed Barker Bay Gold Property Acquisition
Newsfile· 2025-12-05 23:53
Nortec Provides an Update on Proposed Barker Bay Gold Property AcquisitionDecember 05, 2025 6:53 PM EST | Source: Nortec Minerals Corp.Toronto, Ontario--(Newsfile Corp. - December 5, 2025) - Nortec Minerals Corp. (TSXV: NVT) ("Nortec" or the "Company") is pleased to report on the status of the proposed acquisition of the Barker Bay Gold Property (the "Acquisition") as announced via news release on November 5, 2025. The Company received conditional approval for the Acquisition from the TSX Vent ...
Nevada Sunrise Clarifies Investor Relations Agreement
Newsfile· 2025-12-05 22:58
Core Insights - Nevada Sunrise Metals Corporation has entered into an investor relations agreement with Nicholas Winton to enhance investor awareness of its business activities [1][2] - The agreement, accepted by the TSX Venture Exchange, will last for 12 months at a cost of CAD$2,400 per month [2] - Nicholas Winton currently owns 80,000 shares of Nevada Sunrise [2] Company Overview - Nevada Sunrise is a junior mineral exploration company based in Vancouver, BC, focusing on gold, copper, and lithium projects in Nevada, USA [3] - The company holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers southwest of Ely, NV [3] - Nevada Sunrise also has the right to earn a 100% interest in the Coronado Copper Project, located about 48 kilometers southeast of Winnemucca, NV [4] - The company owns 100% interests in the Gemini West, Jackson Wash, and Badlands lithium projects, all situated in the Lida Valley, Esmeralda County, NV [4] - Additionally, Nevada Sunrise possesses Nevada Water Right Permit 86863, located in the Lida Valley basin near Lida, NV [4]
Aurania Closes Private Placement Financing
Newsfile· 2025-12-05 22:56
Core Points - Aurania Resources Ltd. has successfully closed a non-brokered private placement, raising gross proceeds of C$771,776.92 through the issuance of 6,431,466 units at a price of C$0.12 per unit [1][4] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one share at C$0.25 for 24 months [2] - The net proceeds will primarily fund a preliminary economic assessment on the Balangero tailings retreatment project in Italy, exploration programs, and general working capital [4] Offering Details - The offering included finder's fees of C$2,805.60 and 23,380 compensation warrants, each allowing the acquisition of one unit at C$0.12 for 24 months [3] - The closing of the offering is subject to necessary regulatory approvals, including final approval from the TSX Venture Exchange [5] Related Party Transactions - Dr. Keith Barron, CEO and director, acquired 4,166,666 units in the offering, constituting a related party transaction [6] - Following the acquisition, Dr. Barron holds approximately 45.05% of the issued and outstanding common shares on a non-diluted basis [7][8] Company Overview - Aurania is focused on mineral exploration, particularly in precious metals and critical energy sectors in Europe and abroad [11]
Fidelity Minerals Announces Appointment of Ryan Batros as CEO and Closing of Second and Final Tranche of Non-Brokered Private Placement
Thenewswire· 2025-12-05 21:15
Company Leadership - Fidelity Minerals Corp. has appointed Ryan Batros as the new Chief Executive Officer, succeeding Ian Graham, who will remain as an independent Board member [1][2] - Ryan Batros brings over 20 years of experience in the financial services industry, with expertise in stockbroking, corporate advisory, equity capital markets, and investor relations [2] Private Placement - The Company has closed the second tranche of a non-brokered private placement, issuing 1,500,000 units at a price of $0.10 per unit, resulting in gross proceeds of $150,000 [3] - In total, the Company issued 15,000,000 units across both tranches, raising $1,500,000 [3] - Metals One Plc acquired 5,000,000 units for $500,000, representing 12.47% of the outstanding shares on a non-diluted basis and 17.61% on a partially diluted basis [4] Use of Proceeds - The net proceeds from the financing will be utilized to advance exploration and community relation programs in Peru, as well as for corporate working capital purposes [7] Securities and Regulatory Compliance - The securities issued in the second tranche are subject to a four-month hold period, expiring on April 6, 2026 [8] - The closing of the private placement is subject to final approval from the TSX Venture Exchange [11] Company Overview - Fidelity Minerals Corp. focuses on high-quality mining assets, particularly targeting large-scale copper and gold deposits, with a primary emphasis on the Las Huaquillas project in Northern Peru [12] - The Company aims to opportunistically expand its project portfolio through accretive acquisitions and is supported by an experienced management team and sophisticated investors [12]
SAGA Metals Announces Closing of Oversubscribed Brokered LIFE Offering for Gross Proceeds of C$6.0 Million
Globenewswire· 2025-12-05 18:08
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 05, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. (“SAGA” or the “Company”) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company advancing critical mineral discoveries, is pleased to announce, further to its news release dated November 12, 2025, the closing of its “best efforts” private placement (the “Offering”) for aggregate gross proceeds of approximate ...
Usha Resources Provides Corporate Updates
Accessnewswire· 2025-12-05 14:25
VANCOUVER, BC / ACCESS Newswire / December 5, 2025 / Usha Resources Ltd. ("Usha", "USHA" or the "Company") (TSXV:USHA)(OTCQB:USHAF)(FSE:JO0), a North American mineral acquisition and exploration company, is pleased to provide the following corporate updates. ...
Power Metallic Intercepts 4.40 Meters of 12.18% Cu (14.34% CuEqRec) included within 20.40 Meters of 2.91% Cu (3.58% CuEqRec) in Hole 25-029b at Lion, and Completes the Extension of PN-24-064 to define
Insider Monkey· 2025-12-05 14:06
Toronto, Canada, December 2nd, 2025, FinanceWirePower Metallic Mines Inc the “Company” or “Power Metallic” (TSXV:PNPN) (OTCBB:PNPNF) (Frankfurt: IVV1) is pleased to provide a release of assays from its summer drill program, an update on its land assembly activities together with an outlook to the fall and winter key exploration objectives.Summer Drilling Release 3 – Lion – Nisk EastThe summer drilling program was designed to search for extensions to the Lion Zone, specifically down plunge from known mineral ...