Helios Fairfax Partners Corporation (TSE:HFPC.U) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Helios Fairfax Partners Corporation reported a notable increase in the fair value of Helios Managed investments by 15.5%, reaching $223 million, despite a net loss of $16.5 million in Q2 and $21.2 million for the first half of 2024. The company also invested $13 million in the Helios Sports & Entertainment Group and is focusing on exiting its Legacy Non-Core investments to strengthen its $65 million cash position for future capital appreciation opportunities.
For further insights into TSE:HFPC.U stock, check out TipRanks’ Stock Analysis page.
