Streetbeat News

HSTXF

Heliostar Metals Ltd

https://www.redstargold.com/

CEO

Jacques Vaillancourt

Open

0.41

Mkt cap

84M

Volume

21K

High

0.41

P/E Ratio

-9.50

52-wk high

0.55

Low

0.38

Div yield

N/A

52-wk low

0.13

Heliostar Metals Ltd. has completed the acquisition of Florida Canyon Gold Inc.'s mining assets in Mexico for $5 million.

Portfolio Pulse from

November 08, 2024 | 11:45 am

Heliostar Metals Ltd. has closed two debt facilities totaling US$10 million with Ocean Partners USA, Inc. and Deans Knight Capital Management Ltd. to support its acquisition of production assets.

Portfolio Pulse from

November 06, 2024 | 11:45 am

Gold mining companies are increasing M&A activity due to high gold prices, which boost their free cash flow. Gold Fields plans to acquire Osisko Mining for $1.57 billion, and Newmont is selling several mines to pay down debt. The VanEck Gold Miners ETF rose 3.08% amid record gold prices. Copper is also becoming a significant focus for gold miners.

Portfolio Pulse from Matt Whittaker

August 16, 2024 | 7:44 pm

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