Dundee Precious Mtl (TSE:DPM) has released an update.
Dundee Precious Metals Inc. reported a productive first quarter with 62,727 ounces of gold and 6.7 million pounds of copper produced, alongside a significant $62.3 million in free cash flow and robust adjusted net earnings of $32.5 million. The company also announced a sale of its Tsumeb smelter for $49.0 million and continued to reward shareholders, returning $9.1 million through dividends and share repurchases. With a strong balance sheet featuring $625.6 million in cash and no debt, Dundee is advancing with a pre-feasibility study on its promising Čoka Rakita project and progressing with its Loma Larga gold project in Ecuador.
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