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Strategem Capital ( (TSE:SGE) ) has provided an update.
Strategem Capital Corporation reported a net income of $0.6 million for the year ended December 31, 2024, marking a significant turnaround from the previous year’s net loss of $1.7 million. The company has allocated 93% of its capital to short-term investments, and its strategic focus on high-growth sectors like resource exploration and energy positions it to capitalize on market fluctuations, potentially benefiting stakeholders.
More about Strategem Capital
Strategem Capital Corporation is involved in owning and managing high-growth businesses within the resource exploration and development, mining, energy production, and agriculture sectors. The company focuses on leveraging market opportunities, particularly those arising from recent volatility.
YTD Price Performance: 18.18%
Average Trading Volume: 11,214
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.37M
Learn more about SGE stock on TipRanks’ Stock Analysis page.