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Inter-Rock Minerals ( (TSE:IRO) ) just unveiled an update.
Inter-Rock Minerals Inc. has announced a normal course issuer bid to repurchase up to 1,000,000 of its common shares, representing a significant portion of its public float. The company believes that its current share price does not reflect its true value and sees the repurchase as a strategic use of financial resources to enhance shareholder value and liquidity.
More about Inter-Rock Minerals
Inter-Rock Minerals Inc. operates in the agricultural sector with two businesses in the United States: Papillon Agricultural Company Inc., which markets and distributes premium dairy feed nutritional products, and MIN-AD, Inc., which produces and markets dolomite and clay products for the animal feed industry.
Average Trading Volume: 16,329
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$18.58M
Find detailed analytics on IRO stock on TipRanks’ Stock Analysis page.