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Stallion Gold Corp ( (TSE:STUD) ) has issued an update.
Stallion Uranium Corp has revised its share consolidation plan, now consolidating shares on a 5-for-1 basis instead of the previously announced 10-for-1. The decision, pending TSX Venture Exchange approval, will reduce the company’s outstanding shares significantly, potentially impacting its market positioning.
More about Stallion Gold Corp
Stallion Uranium Corp is focused on uranium exploration in the Athabasca Basin, which hosts the world’s largest high-grade uranium deposits. The company, along with JV partner Atha Energy, holds a significant project in the Western Athabasca Basin and is led by a team of experts in uranium and precious metals exploration.
YTD Price Performance: -16.67%
Average Trading Volume: 585,859
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.79M
Find detailed analytics on STUD stock on TipRanks’ Stock Analysis page.