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The latest announcement is out from Fidelity Minerals Corp ( (TSE:FMN) ).
Fidelity Minerals Corp. announced the completion of a share consolidation, effective June 30, 2025, reducing its outstanding common shares from 108,652,859 to approximately 21,730,571. This strategic move is part of the company’s broader efforts to enhance its market positioning and attract potential investors, reflecting its commitment to building long-term value for stakeholders.
More about Fidelity Minerals Corp
Fidelity Minerals Corp. is a mining company with a portfolio of high-quality assets in Peru and Canada, focusing on large-scale copper and gold deposits. The company aims to attract mid-tier and major mining companies through its projects, including the Sunsets Project in British Columbia and the Las Huaquillas project in Northern Peru. Additionally, Fidelity holds a 25% interest in the Florina Greensands project, targeting the potassium fertilizer market.
Average Trading Volume: 68,583
Technical Sentiment Signal: Sell
Current Market Cap: C$2.72M
Learn more about FMN stock on TipRanks’ Stock Analysis page.