Canterra Minerals (TSE:CTM) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Canterra Minerals Corporation has optioned its Ring of Fire property in Northeastern Ontario to Teck Resources Limited, which allows Teck to acquire 100% interest while Canterra retains a 1.5% Net Smelter Royalty. This deal enables Canterra to focus more on its projects in Central Newfoundland and maintains an investment interest in the property’s future through the retained royalty.
For further insights into TSE:CTM stock, check out TipRanks’ Stock Analysis page.
