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Olive Resource Capital Inc. ( (TSE:OC) ) has provided an announcement.
Olive Resource Capital Inc. announced an estimated Net Asset Value (NAV) of C$0.067 per share as of February 28, 2025, while its share price was C$0.035. The company’s portfolio is well-positioned to benefit from the recent rally in gold equities, driven by the gold price surpassing US$3,000/oz. Olive remains committed to reallocating capital into higher conviction names within both larger and junior resource spaces, reflecting its strategy to capitalize on the strong seasonal period for commodities.
More about Olive Resource Capital Inc.
Olive Resource Capital Inc. is a resource-focused merchant bank and investment company with a portfolio comprising publicly listed and private securities. The company’s assets primarily include investments in natural resource companies at various stages of development.
YTD Price Performance: 7.14%
Average Trading Volume: 296,497
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$3.28M
Find detailed analytics on OC stock on TipRanks’ Stock Analysis page.