Cerrado Gold (TSE:CERT) has released an update.
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Cerrado Gold Inc. has announced a plan to repurchase up to 5% of its common shares, believing that their current market price does not reflect the company’s true value. This move is expected to enhance shareholder value as the shares will be repurchased through the TSX Venture Exchange and then cancelled.
For further insights into TSE:CERT stock, check out TipRanks’ Stock Analysis page.