SolGold to Voluntarily Delist from Toronto Stock Exchange

SolGold ( (GB:SOLG) ) has issued an announcement.

SolGold plc has announced its decision to voluntarily delist its ordinary shares from the Toronto Stock Exchange (TSX) effective June 18, 2025, due to low trading volumes on the TSX which accounted for less than 3% of the aggregate trading volume. The company’s shares will continue to trade on the London Stock Exchange (LSE), and Canadian shareholders will need to transfer their shares to the LSE through the UK-based CREST system. The move is expected to reduce financial costs and administrative requirements for SolGold, aligning its operations more closely with its primary market focus.

Spark’s Take on GB:SOLG Stock

According to Spark, TipRanks’ AI Analyst, GB:SOLG is a Neutral.

SolGold’s financial challenges, marked by persistent losses and negative cash flows, heavily impact its score. Corporate events offer some optimism with strategic investments and governance improvements, but valuation remains poor.

To see Spark’s full report on GB:SOLG stock, click here.

More about SolGold

SolGold is a leading resources company focused on the discovery, definition, and development of world-class copper and gold deposits, aiming to deliver objectives efficiently and in the interests of shareholders.

YTD Price Performance: 2.17%

Average Trading Volume: 7,663,652

Technical Sentiment Signal: Strong Sell

Current Market Cap: £212.2M

For detailed information about SOLG stock, go to TipRanks’ Stock Analysis page.