Monarca Minerals Inc. (ORAGF)
Monarca Minerals Inc. operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Toronto, ON, CA. The stock last traded at $0.01, up 0.00% on the session, giving a market capitalisation of $632,773. On trailing twelve-month figures it carries a trailing P/E of -2.83, a net margin of 0.0%. Its beta of -0.87 implies it has historically moved less than the broad market.
Monarca Minerals Inc. is a mining firm specializing in the acquisition, exploration, and advancement of silver projects throughout Mexico. Its principal asset is the Tejamen silver property, encompassing 23 mineral concessions that together cover roughly 1,685 hectares northwest of Durango. The company also holds an option agreement granting it the right to acquire full ownership of the San Jose Project, a significant site spanning approximately 5,580 hectares in Chihuahua, northern Mexico. Additionally, Monarca maintains complete ownership of the San Lucas property, which includes 8 mineral concessions over an area of 79.6 hectares located just north of Durango city. Founded in Toronto, Canada, in 1995 as Oremex Silver Inc., the company adopted its current name, Monarca Minerals Inc., in August 2016.
Monarca Minerals Inc. is most often compared with the following Basic Materials names: