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An announcement from West Oak Gold Corp. ( (TSE:SI) ) is now available.
Silicon Metals Corp. announced a share consolidation on a two-for-one basis, reducing its outstanding shares from 38,887,230 to 19,443,615, subject to Canadian Securities Exchange approval. This move is expected to streamline the company’s share structure, potentially impacting shareholder value and market perception.
More about West Oak Gold Corp.
Silicon Metals Corp. is engaged in exploration activities in western Canada, particularly in British Columbia. The company owns 100% rights to several silica projects, including the Ptarmigan Silica Project, Silica Ridge Silica Project, and Longworth Silica Project. Additionally, it holds an option to explore the Hedge Hog Project in the Caribou Mining Division.
YTD Price Performance: -12.50%
Average Trading Volume: 146,444
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.12M
For an in-depth examination of SI stock, go to TipRanks’ Stock Analysis page.