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Magnum Goldcorp ( (TSE:MGI) ) has issued an update.
Magnum Goldcorp Inc. announced a share consolidation effective May 20, 2025, where two old shares will be consolidated into one new share, reducing the total number of shares to 6,010,511. This move is intended to enhance the company’s future financing opportunities, although the company name and trading symbol will remain unchanged.
More about Magnum Goldcorp
Magnum Goldcorp Inc. operates in the mining industry, focusing on gold exploration and development. The company is listed on the TSX Venture Exchange under the symbol MGI.
Average Trading Volume: 20,570
Technical Sentiment Signal: Sell
Current Market Cap: C$337.9K
For an in-depth examination of MGI stock, go to TipRanks’ Stock Analysis page.