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The latest announcement is out from Gulf & Pacific Equities ( (TSE:GUF) ).
Gulf & Pacific Equities Corp. reported a 4.1% increase in revenue for the first quarter of 2025, amounting to $1,132,621 compared to the same period last year. The company successfully refinanced all six of its mortgages due this year with new one-year fixed-rate mortgages, which will mature in 2026 at rates ranging from 5.13% to 5.18%. This refinancing is expected to stabilize the company’s financial obligations and support its strategic focus on expanding its portfolio in rural Western Canada.
More about Gulf & Pacific Equities
Gulf & Pacific Equities Corp. is a company incorporated in Alberta in 1998, focusing on acquiring, managing, and developing anchored shopping centers in Western Canada’s rural centers, particularly in Alberta. The company targets smaller, rapidly growing hub communities with essential infrastructures and owns three retail assets in Three Hills, St. Paul, and Cold Lake, Alberta.
Average Trading Volume: 18,857
Technical Sentiment Signal: Buy
Current Market Cap: C$10.06M
See more insights into GUF stock on TipRanks’ Stock Analysis page.