Juggernaut Exploration ( (TSE:JUGR) ) has provided an announcement.
Juggernaut Exploration Ltd. announced a share consolidation effective March 13, 2025, where common shares will trade on a 1-for-10 basis on the TSX Venture Exchange. This move aims to better position the company for future corporate development and financing opportunities, reducing the number of outstanding shares from approximately 143.5 million to 14.4 million. The consolidation is expected to enhance the company’s market positioning and appeal to investors, with no changes to the company’s name or stock symbol.
More about Juggernaut Exploration
Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects located in the Golden Triangle of northwestern British Columbia. The company operates in world-class geological settings within geopolitically safe jurisdictions in Canada and is a member of CASERM, collaborating with the Colorado School of Mines and Virginia Tech. Crescat Capital is a key strategic shareholder.
YTD Price Performance: 21.43%
Average Trading Volume: 157,001
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.49M
For a thorough assessment of JUGR stock, go to TipRanks’ Stock Analysis page.