TSE:1515Metals and Mining
Assessing Nittetsu Mining (TSE:1515) Valuation After the Oracle Ridge Copper Expansion Agreement
Why the Oracle Ridge agreement matters for Nittetsu Mining
Nittetsu Mining (TSE:1515) has agreed to invest up to US$20 million over four years in the Oracle Ridge copper exploration project in Arizona, securing 100% offtake rights and an 80% joint venture stake.
See our latest analysis for Nittetsu Mining.
The Oracle Ridge agreement comes at a time when Nittetsu Mining's share price has shown mixed momentum, with a 1-day share price return of 5.99% compared to a 90-day share price return...