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Madison Pacific Cl B ( (TSE:MPC) ) just unveiled an announcement.
Madison Pacific Properties Inc. announced the results of its Annual General Meeting held in Vancouver, where all five nominated directors were re-elected with overwhelming support. Additionally, PricewaterhouseCoopers LLP was re-appointed as the company’s auditor, reflecting stability and continuity in its governance structure.
Spark’s Take on TSE:MPC Stock
According to Spark, TipRanks’ AI Analyst, TSE:MPC is a Neutral.
Madison Pacific’s stock score is driven by strong technical momentum and an attractive valuation, despite significant profitability challenges reflected in the financial performance. The technical analysis indicates positive market sentiment, while a moderate P/E ratio and adequate dividend yield provide valuation support.
To see Spark’s full report on TSE:MPC stock, click here.
More about Madison Pacific Cl B
Madison Pacific Properties Inc. is a Vancouver-based real estate company.
Average Trading Volume: 1,322
Technical Sentiment Signal: Buy
Current Market Cap: C$318.9M
Learn more about MPC stock on TipRanks’ Stock Analysis page.