An announcement from Desert Mountain Energy Corp ( (TSE:DME) ) is now available.
Desert Mountain Energy Corp. announced a favorable ruling from the Arizona Court of Appeals, which declared the City of Flagstaff’s claims against the company null and void. This legal victory, following a four-year battle, is expected to positively impact the company’s operations and strengthen its position in the resource industry, particularly in helium extraction.
More about Desert Mountain Energy Corp
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on the exploration, development, and production of helium, hydrogen, and natural gas. The company emphasizes helium extraction from various raw gas sources in an environmentally and economically sustainable manner, catering to the renewable energy and high technology industries.
YTD Price Performance: -26.67%
Average Trading Volume: 65,898
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$19.86M
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