Sunshine Gold Ltd (AU:SHN) 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
Sunshine Gold Ltd has completed the sale of its Triumph Gold Project to Dart Mining NL, receiving $950,000 in cash and becoming a 13.93% shareholder in Dart. This strategic move allows Sunshine to concentrate on its Ravenswood Consolidated Project, with expectations for significant gold and base metal resource developments. The company maintains an interest in Triumph’s progress through its shareholding in Dart, positioning itself for potential future gains.
For further insights into AU:SHN stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Deutsche Bank Weighs in on Robinhood Stock Amid Soaring Trading Volumes
- Paramount Global (NASDAQ:PARA) Deal May Face Risks from Trump Administration
- Ford’s (NYSE:F) Electric Vehicle Motor Production Begins
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
