Amarc stock nearly doubles on gold-copper discovery at JOY project in British Columbia
Amarc's CEO called the AuRORA discovery "a significant inflection point" in the exploration of the JOY district with Freeport.
Franco-Nevada forecasts revenue this year to be between US$325 million to $350 million this year, using consensus commodity price assumptions of US$1,400 gold, $1,750 platinum, $575 palladium and $80 oil.
However, the company warned its expenses will be significantly higher in the first quarter of the year, as transaction costs associated with the acquisition of Gold Wheaton will be expensed under International Financial Reporting Standards (IFRS).
