Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An update from Halcones Precious Metals Corp ( (TSE:HPM) ) is now available.
Halcones Precious Metals Corp has successfully closed a transaction to acquire a 100% interest in the Polaris project located in the Antofagasta region of Chile from Austral Exploraciones SpA. The Polaris project is a large gold prospect with significant high-grade surface mineralization and potential for further exploration. The project is situated in a developed mining district with accessible infrastructure, allowing year-round operations. The acquisition involves issuing 15 million Halcones shares and a cash payment of USD $100,000 to Austral. This strategic acquisition allows Halcones to advance its exploration efforts and establish drill targets, positioning the company to enhance its presence in the gold mining sector.
More about Halcones Precious Metals Corp
Halcones Precious Metals Corp is a company engaged in the exploration and development of precious metal projects, with a particular focus on gold projects in the mining industry.
YTD Price Performance: 50.0%
Average Trading Volume: 320,789
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$10.35M
See more data about HPM stock on TipRanks’ Stock Analysis page.
