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The latest update is out from Silver Viper Minerals ( (TSE:VIPR) ).
Silver Viper Minerals Corp. has announced a consolidation of its common shares at a ratio of 10:1, which will become effective on January 15, 2025. This move will reduce the number of issued and outstanding common shares from 194,771,623 to approximately 19,477,163. This strategic financial decision may impact the company’s stock liquidity and market perception, as well as necessitate adjustments to outstanding warrants and options.
More about Silver Viper Minerals
Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on precious metals exploration in the northwestern Mexican state of Sonora. The company is the operator and 100% owner of the La Virginia Gold-Silver Project and recently acquired a 100% interest in the Rubi-Esperanza group of claims within those concessions.
YTD Price Performance: 13.33%
Average Trading Volume: 121,196
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.48M
Find detailed analytics on VIPR stock on TipRanks’ Stock Analysis page.