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Jinhua Capital Corporation ( (TSE:JHC) ) just unveiled an announcement.
Jinhua Capital Corporation announced a proposed consolidation of its common shares at a 10-to-1 ratio, reducing the number of issued shares from 61,039,192 to approximately 6,103,919. The board-approved consolidation awaits TSX Venture Exchange approval, which will impact the company’s stock structure and potentially its market valuation.
More about Jinhua Capital Corporation
Jinhua Capital Corporation is a mineral exploration company focused on the Pluto Gold and Base Metals Property in Quebec. The company evaluates and acquires other mineral exploration assets and opportunities from time to time.
Average Trading Volume: 33,836
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$304.5K
See more insights into JHC stock on TipRanks’ Stock Analysis page.