The latest announcement is out from Almaden Minerals ( (TSE:AMM) ).
On March 3, 2025, Almaden Minerals Ltd. announced a definitive agreement to sell the Rock Creek Mill in Nome, Alaska, to Metals Exploration PLC for $9.7 million. The transaction, expected to close by August 31, 2025, involves several payment installments and is subject to conditions like a final inspection. This sale is a strategic move for Almaden, potentially impacting its financial position and operational focus.
More about Almaden Minerals
Almaden Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is known for its involvement in precious metals, particularly gold and silver, and is headquartered in Vancouver, British Columbia.
YTD Price Performance: 164.86%
Average Trading Volume: 89,820
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $9.51M
See more insights into AMM stock on TipRanks’ Stock Analysis page.