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An update from Olive Resource Capital Inc. ( (TSE:OC) ) is now available.
Olive Resource Capital Inc. reported that the value of its investment portfolio rose to approximately $17.2 million as of March 31, 2026, up from about $6.4 million at the end of 2024, largely driven by stock price appreciation in holdings such as Omai Gold Mines, Arizona Sonoran Copper, and other resource-focused positions. Management noted that while the Iran conflict and associated market volatility led to a challenging March and a monthly portfolio drawdown, the firm selectively deployed cash, repositioned its holdings to reflect the new geopolitical environment, and remains constructive on the prospects for an extended commodities bull market.
The company also continued capital management under its Normal Course Issuer Bid, repurchasing 2,000,000 shares in March 2026 and holding 4,116,500 shares in treasury pending cancellation. Following these repurchases, Olive Resource Capital has 106,744,709 common shares outstanding, signaling an ongoing effort to return value to shareholders and tighten its capital structure.
More about Olive Resource Capital Inc.
Olive Resource Capital Inc. is a Toronto-based, resource-focused merchant bank and investment company. It holds a portfolio of publicly listed and private securities, with assets primarily invested in natural resource companies across all stages of development, spanning precious metals, base metals, oil and gas, and related sectors.
Average Trading Volume: 157,983
Technical Sentiment Signal: Buy
Current Market Cap: C$10.61M
Learn more about OC stock on TipRanks’ Stock Analysis page.