Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Satori Resources ( (TSE:CGC) ) has shared an announcement.
Robert McEwen, Canadian Gold Corp.’s largest shareholder, has increased his stake in the company to 32.9% by exercising 3,571,450 share purchase warrants, raising $767,861.75. This move boosts Canadian Gold’s financial position, with its treasury now totaling approximately $3.9 million, potentially enhancing its capacity for further exploration and development activities.
More about Satori Resources
Canadian Gold Corp. is a mineral exploration and development company focused on expanding the high-grade gold resource at the Tartan Mine in Flin Flon, Manitoba. The company also holds exploration properties in Ontario and Quebec near major gold mines and projects.
Average Trading Volume: 101,360
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$51.3M
See more data about CGC stock on TipRanks’ Stock Analysis page.