tiprankstipranks
Oroco’s Santo Tomas Project Exhibits Strong Financial Projections
Company Announcements

Oroco’s Santo Tomas Project Exhibits Strong Financial Projections

Story Highlights

Oroco Resource (TSE:OCO) has released an update.

Don't Miss Our Christmas Offers:

Oroco Resource Corporation has announced significant projected financial outcomes for its Santo Tomas Project in Mexico, with an after-tax Internal Rate of Return (IRR) of 22.2% and a Net Present Value (NPV) of $1.48 billion. The revised Preliminary Economic Assessment suggests robust profitability and a strategic mine expansion, promising a rapid post-tax payback period of 3.8 years from the start of concentrate production.

For further insights into TSE:OCO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskOroco Resource Advances Santo Tomas Project Efforts
TipRanks Canadian Auto-Generated NewsdeskOroco Resource Secures $6.3M in Private Placement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App