Olive Resource Capital Reports NAV Amidst Market Challenges

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

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.

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