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Olive Resource Capital Inc. ( (TSE:OC) ) just unveiled an announcement.
Olive Resource Capital Inc. announced a record investment return for the second consecutive month in September, with its investments rising by 39% in that month alone and 121% year-to-date. The company attributes its strong performance to strategic reshaping over the past four years, positioning itself to thrive in the current bull market, resulting in a 220% increase in its share price year-to-date. Despite the strong performance, Olive remains cautious due to typical seasonal weaknesses in the commodities sector during the fall.
More about Olive Resource Capital Inc.
Olive Resource Capital Inc. is a resource-focused merchant bank and investment company with a portfolio consisting primarily of investments in natural resource companies at various stages of development. The company holds both publicly listed and private securities, aiming to capitalize on opportunities within the natural resources sector.
Average Trading Volume: 103,758
Technical Sentiment Signal: Buy
Current Market Cap: C$7.96M
For a thorough assessment of OC stock, go to TipRanks’ Stock Analysis page.