Namibia Critical Metals Inc (TSE:NMI) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Namibia Critical Metals Inc. has agreed to sell four of its non-core gold properties in Namibia to Sylla Gold Corp. for 3 million common shares and $100,000 cash, refocusing its efforts on the Lofdal Heavy Rare Earth Project. The strategic sale allows NCMI to concentrate on developing Lofdal, a significant source of the critical rare earth elements dysprosium and terbium, which are crucial for high-tech applications like electric vehicles and wind turbines.
For further insights into TSE:NMI stock, check out TipRanks’ Stock Analysis page.
