Temas Resources Corp. (TSE:TMAS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Temas Resources Corp. announces strong preliminary economic projections for its La Blache Titanium-Vanadium-Iron Project in Quebec, indicating a favorable pre-tax internal rate of return (IRR) that has increased from an initial 64.8% to 70.8%. Despite a slight decrease in the projected pre-tax and post-tax cash flows and net present values, the company remains optimistic due to sustained high titanium prices and its proprietary eco-friendly extraction technology. The filed report emphasizes the project’s robustness and Temas’s commitment to advancing the asset.
For further insights into TSE:TMAS stock, check out TipRanks’ Stock Analysis page.