Moon River Moly Ltd. (MOO:TSXV)

  • Moon River recently announced a highly economic PEA on its Davidson Project in B.C., the highest-grade molybdenum project outside of China.

  • The acquisition of a 25% stake in the Endako Project reduces single asset risk, providing MOO with $2M in working capital, $40M for maintenance and reclamation costs, as well as providing interest income to cover corporate G&A, offering substantial upside for the Company.

  • Moon River looks to take advantage of a booming molybdenum market.

Investment Summary

Company Description

Moon River is a Canadian-based resource company focused on the acquisition, exploration and development of mineral projects. Moon River is focused on the development of the Davidson Property which hosts a large molybdenum-tungsten deposit and is located near Smithers, British Columbia, as well as the Endako Mine Complex in British Columbia, one of the largest molybdenum mines in North America.

Research

Moon River Moly: 
Research Flash
February 3, 2025