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Discovery Silver ( (TSE:DSV) ) has shared an announcement.
Discovery Silver Corp. has successfully completed a C$247.5 million public offering of subscription receipts, signaling strong investor confidence in its recent acquisition of Newmont Corporation’s Porcupine Complex in Ontario. This acquisition is set to establish Discovery as a new Canadian gold producer, enhancing its operational capacity with a diversified portfolio and strengthening its financial position for future growth, particularly with its significant projects in Canada and Mexico.
More about Discovery Silver
Discovery Silver Corp. operates in the mining industry, with a primary focus on the production and development of precious metals, specifically gold and silver. The company is positioning itself as a significant player in the Canadian and Mexican markets, with a notable project being the Cordero silver development in Mexico.
YTD Price Performance: 97.44%
Average Trading Volume: 218,025
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $418.1M
Learn more about DSV stock on TipRanks’ Stock Analysis page.
