Peruvian Metals ( (TSE:PER) ) has provided an announcement.
Peruvian Metals Corp. has provided an update on its recent market activities and production results at its Aguila Norte processing plant in Northern Peru. The company reported a significant increase in processing output, with 6,108 tonnes processed in the first two months of 2025, a 35.49% increase from the previous year. Additionally, the company is expanding its focus into the Peruvian gold sector through its 100% owned Palta Dorada Project, which contains high-grade gold. The sale of shares by Tartisan Nickel Corp. has been noted as having an adverse effect on Peruvian Metals’ share price, but the company remains financially strong with plans to explore further gold opportunities in the region.
More about Peruvian Metals
Peruvian Metals Corp. is a Canadian exploration and mineral processing company that provides toll milling services and produces high-grade marketable concentrates from mineral purchases. The company operates the Aguila Norte processing plant in Peru, which has an environmental permit allowing for expansion beyond its current capacity. Peruvian Metals focuses on acquiring and developing precious and base metal properties in Peru.
YTD Price Performance: 20.0%
Average Trading Volume: 75,522
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.75M
Learn more about PER stock on TipRanks’ Stock Analysis page.
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