Denarius Metals Corp.
DMET.NE
CBOE CA0.64
CAD
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Denarius Metals Corp.
DMET.NE
(CBOE CA)
Recent
price
0.64
P/E
ratio
- -
div
yld
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ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Denarius Metals Corp. (Cboe CA: DMET; OTCQX: DNRSF) is a Canadian junior mining company engaged in the acquisition, exploration, development, and operation of polymetallic mineral properties, primarily focused on high-grade gold-silver, zinc-lead-silver, nickel-copper, and massive sulphide deposits in Spain and Colombia. The company advances its core projects, including the 100%-owned Zancudo gold-silver project in Colombia featuring the historic Independencia mine; the 100%-owned Toral zinc-lead-silver project in northern Spain; a 21% interest in Rio Narcea Recursos S.L., which owns the Aguablanca nickel-copper mine and processing plant in Extremadura, Spain; and the Lomero copper-zinc-lead-silver-gold project in the Iberian Pyrite Belt, southern Spain, through exploration drilling, resource delineation, permitting, mine development, and concentrate production via its planned 1,000 tonnes per day flotation plant at Zancudo. Its subsidiaries include Zancudo Metals in Colombia for project management and Alto Minerals in Spain for technical operations, with corporate headquarters located in Toronto, Ontario, Canada, where the company was incorporated under British Columbia laws. In Colombia, Denarius Metals commenced early production mining at the fully permitted Zancudo project in the second quarter of 2025, crushing approximately 1,200 tonnes of high-grade material onsite for shipment and sale to Trafigura under a long-term offtake agreement, generating initial revenues; construction of the Zancudo processing plant started in late October 2025 following final permit approval, with concentrate production targeted for the second quarter of 2026, alongside an updated mineral resource estimate upgrading 23% to indicated resources and plans for 15,000 meters of further drilling. In Spain, the company received designation of the Aguablanca project as a Strategic Project by the European Commission, enabling activities to restart operations within 12 months to support Lomero development, was granted the nearby Cruzadillo investigation permit in September 2025, and continues exploration at Toral. Recent financing includes the November 2025 closing of an upsized LIFE offering and concurrent private placement raising gross proceeds, with Aris Mining Corporation acquiring units and holding convertible debentures; the company opted not to proceed with a proposed 50/50 joint venture with Quimbaya Gold Inc. for the Tahami project in August 2025.