The latest announcement is out from Palisades Goldcorp Ltd. ( (TSE:PALI) ).
Palisades Goldcorp Ltd. announced a change in the board of directors of New Found Gold Corp., a significant equity investee of Palisades. Chad Williams has been appointed to the board, replacing Collin Kettell, the founder of New Found. This change may impact New Found’s strategic direction and governance, potentially influencing its operations and stakeholder interests.
More about Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd. is a resource investment company focused on junior companies in the resource and mining sector. It aims to acquire equity in pre-IPO and early-stage public resource companies with high-quality projects that are undeveloped or undervalued. The company targets firms needing financial resources to reach their potential, are undervalued in capital markets, or operate in low to moderate political risk areas. Palisades is listed on the TSX Venture Exchange under the symbol ‘PALI’ and holds a diverse portfolio, including a 21.64% interest in New Found Gold Corp.
YTD Price Performance: 1.30%
Average Trading Volume: 14,983
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$77.64M
For a thorough assessment of PALI stock, go to TipRanks’ Stock Analysis page.