Sranan Gold Lands OTCQB Listing and Announces Board Chair Resignation

The latest update is out from Peak Minerals Ltd. ( (TSE:SRAN) ).

Sranan Gold Corp. has secured a listing of its common shares on the OTCQB Venture Market in the United States under the ticker “SRANF,” while maintaining its primary listing on the Canadian Securities Exchange under “SRAN.” Management says the move is intended to broaden the company’s visibility and accessibility to U.S. investors and support its strategy of expanding market access as it advances exploration activities in Suriname, potentially deepening its shareholder base and improving liquidity. The company also announced the immediate resignation of John Williamson as chair and director of the board to focus on other professional commitments, marking a notable change in governance as Sranan Gold continues to develop its Tapanahony Project.

Spark’s Take on TSE:SRAN Stock

According to Spark, TipRanks’ AI Analyst, TSE:SRAN is a Neutral.

TSE:SRAN’s overall stock score reflects significant financial challenges with no revenue and consistent losses. While technical analysis shows some positive signals, and recent corporate events suggest strategic initiatives, these factors are insufficient to overcome the financial difficulties and lack of valuation metrics.

To see Spark’s full report on TSE:SRAN stock, click here.

More about Peak Minerals Ltd.

Sranan Gold Corp. is a mineral exploration company focused on acquiring and developing mineral property assets in Suriname and Canada. Its flagship Tapanahony Project spans 29,000 hectares in one of Suriname’s most prolific artisanal gold mining districts, positioning the company within an emerging gold exploration corridor in the country.

Average Trading Volume: 291,369

Technical Sentiment Signal: Hold

Current Market Cap: C$19.34M

Learn more about SRAN stock on TipRanks’ Stock Analysis page.