Denarius Metals Corp.
DNRSD
Other OTC0.37
USD
-0.01
- -
Return %
Stock
S&P500
1Y
- -
19.01
3Y
- -
65.48
5Y
- -
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Serafino Iacono
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 401 Bay Street Toronto ON Canada M5H 2Y4
- IPO Date
- Jul 20, 2021
- Website
- denariusmetals.com
- Similar Companies
- Business
- Denarius Metals Corp. is a Canadian junior mining company engaged in the acquisition, exploration, development and operation of polymetallic mining projects in high-grade districts in Spain and Colombia. Incorporated under the laws of British Columbia with corporate headquarters in Toronto, Ontario, the company trades on Cboe Canada under the symbol DMET and on OTCQX under DNRSF. It focuses on precious metals and critical minerals, targeting gold-silver, nickel-copper, zinc-lead-silver and polymetallic deposits for institutional, industrial and trading customers. Core products and services encompass high-grade gold-silver concentrates from its 100%-owned Zancudo Project in Colombia, which includes the historic Independencia mine in the Cauca Belt southwest of Medellin; nickel-copper concentrates from the Aguablanca Project in Extremadura, Spain, through its 21% interest in and operation of Rio Narcea Recursos, S.L., featuring a 5,000 tonnes-per-day processing plant; polymetallic deposits at the 100%-owned Lomero Project in the Iberian Pyrite Belt; and zinc-lead-silver resources at the 100%-owned Toral Project in northern Spain's Leon Province. Operations span early production phases at Zancudo, with crushed ore shipped to Trafigura under a long-term offtake agreement, alongside exploration drilling and plant construction activities across sites. Latest major developments include commencement of mining at Zancudo in Q2 2025, first shipments to Trafigura in June 2025 generating initial revenue from 126 ounces of gold equivalent sold, construction start of its 1,000 tonnes-per-day Zancudo processing plant in late October 2025 expected to produce concentrates by Q2 2026, and receipt of a second US$2.5 million advance under the February 2025 Trafigura prepayment facility for total funding of US$5.0 million with up to US$4.0 million more available; in Spain, securing all permits for Aguablanca mine restart targeted within 12 months, engagement of METSO for plant refurbishment, and EU designation as a Strategic Project. In November 2025, the company upsized and priced non-brokered private placements for gross proceeds up to CA$12.75 million to fund Zancudo infill drilling and development, alongside an updated October 2025 mineral resource estimate boosting indicated resources at Zancudo. It issued shares in lieu of cash for convertible debenture interest through May 2026 to enhance liquidity.