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Queen’s Road Capital Investment ( (TSE:QRC) ) has issued an announcement.
Queen’s Road Capital Investment Ltd. is proceeding with a share consolidation following shareholder approval, converting ten pre-consolidated shares into one post-consolidated share, effective January 15, 2024. This move will reduce the total shares from 490,401,845 to approximately 49,040,184, which aims to streamline the company’s share structure without altering its name or stock symbol, potentially impacting its market positioning and shareholder value.
More about Queen’s Road Capital Investment
Queen’s Road Capital Investment Ltd. is a resource-focused investment company that operates as a leading financier in the global resource sector. The company specializes in making investments in both privately held and publicly traded companies, targeting convertible debt securities and resource projects that are in advanced development or production stages within politically stable regions.
YTD Price Performance: -2.82%
Average Trading Volume: 36,814
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$330.6M
For detailed information about QRC stock, go to TipRanks’ Stock Analysis page.