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The latest announcement is out from Benton Resources ( (TSE:BEX) ).
Benton Resources Inc. has granted 2.675 million incentive stock options to its directors, officers, employees, advisors and consultants, with an exercise price of $0.10 and a five-year term, subject to the company’s standard vesting provisions. The move underscores Benton’s use of equity-based compensation to incentivize and retain key personnel as it advances its copper-gold exploration activities and manages a broad portfolio of mineral assets and strategic equity holdings in the junior mining sector.
Spark’s Take on TSE:BEX Stock
According to Spark, TipRanks’ AI Analyst, TSE:BEX is a Underperform.
Benton Resources’ stock is significantly weighed down by financial and valuation challenges, including zero revenue and ongoing losses. While the company’s strong equity and recent corporate strategies offer some hope, negative cash flows and weak technical indicators result in a low overall score.
To see Spark’s full report on TSE:BEX stock, click here.
More about Benton Resources
Benton Resources Inc. is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. The company holds a diversified portfolio of highly prospective properties and significant equity positions in other mining companies, often retaining net smelter return royalties to secure potential long-term cash flow. Benton is currently focused on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland.
Average Trading Volume: 204,381
Technical Sentiment Signal: Buy
Current Market Cap: C$21.95M
Learn more about BEX stock on TipRanks’ Stock Analysis page.