Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Labrador Gold Corp ( (TSE:LAB) ) has provided an update.
Labrador Gold Corp has announced a strategic shift to become a hybrid mining and investment issuer, aiming to maintain its successful exploration strategy while investing in undervalued public equities and early-stage opportunities. This move is designed to appeal to investors seeking unique mining investments and to address inefficiencies in capital markets, with the company planning to play an active role in guiding investee companies. The addition of renowned geologist Dr. Quinton Hennigh as an investment advisor and the appointment of Kevin Ramsay to the Board of Directors are expected to bolster the company’s capabilities in sourcing high-quality investment opportunities.
More about Labrador Gold Corp
Labrador Gold Corp is a company operating in the mining industry, primarily focused on exploration activities. It is transitioning to a hybrid model that combines exploration with investment in mining and exploration companies, aiming to leverage its expertise in both technical and capital markets.
Average Trading Volume: 154,238
Technical Sentiment Signal: Buy
Current Market Cap: C$21.25M
Find detailed analytics on LAB stock on TipRanks’ Stock Analysis page.