Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Mawson Resources ( (TSE:MAW) ) has issued an update.
Mawson Gold Limited announced the spin-out of its uranium assets into a separate entity, SUA Holdings Limited, through a distribution of shares to existing shareholders. This strategic move allows Mawson shareholders to gain direct exposure to SUA, which will become a reporting issuer in Canada but does not plan to list on any stock exchange immediately. Additionally, Mawson is implementing a share consolidation, reducing the number of outstanding shares to streamline its capital structure, while also planning a corporate name change.
More about Mawson Resources
Mawson Gold Limited is a company involved in the mining industry, focusing primarily on gold exploration and development. The company is listed on various exchanges, including the TSX Venture Exchange, Frankfurt, and Pinksheets.
YTD Price Performance: 0.98%
Average Trading Volume: 159,874
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$315.3M
Learn more about MAW stock on TipRanks’ Stock Analysis page.
