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Olive Resource Capital Reports NAV Amidst Market Challenges

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Olive Resource Capital Reports NAV Amidst Market Challenges

Olive Resource Capital Inc. (TSE:OC) has released an update.

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Olive Resource Capital Inc. reported a Net Asset Value of C$0.064 per share as of August 31, 2024, noting a decrease from the previous month’s share price. Despite a challenging market with mixed commodity performances and a cautious outlook for the upcoming months, the company’s diverse portfolio mostly showed strong results. No common shares were repurchased in August under the company’s Normal Course Issuer Bid.

For further insights into TSE:OC stock, check out TipRanks’ Stock Analysis page.

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