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P2 Gold ( (TSE:PGLD) ) has provided an update.
P2 Gold Inc. has completed its final payment for acquiring the Gabbs Project, a gold-copper mining venture, from Waterton Nevada Splitter. The company is now financially secure for the upcoming year, bolstered by rising metal prices which have significantly increased the project’s internal rate of return and net present value. This development positions P2 Gold favorably within the industry, with promising economic projections for the Gabbs Project and future exploration opportunities.
More about P2 Gold
P2 Gold Inc. is a mineral exploration and development company primarily focused on the gold-copper Gabbs Project located on the Walker Lane Trend in Nevada. The company aims to develop a long-life, mid-size mine with significant annual production of gold and copper, supported by excellent infrastructure and ongoing metallurgical testing.
YTD Price Performance: 31.82%
Average Trading Volume: 65,139
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $9.34M
See more data about PGLD stock on TipRanks’ Stock Analysis page.
