Heliostar Metals (TSE:HSTR) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Heliostar Metals Ltd. is set to become a gold producer by acquiring a portfolio of mines and development projects in Mexico from Florida Canyon Gold Inc. for $5 million, significantly increasing their resource base and improving their project economics. The deal adds two producing mines and two development projects to Heliostar’s assets, promising immediate production and cash flow, while saving the company up to $20 million in potential payments for their Ana Paula Project.
For further insights into TSE:HSTR stock, check out TipRanks’ Stock Analysis page.
