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Voyageur Mineral Explorers ( (TSE:VOY) ) has provided an update.
Voyageur Mineral Explorers Corp. has announced its intention to initiate a normal course issuer bid, aiming to purchase up to 5% of its common shares over a 12-month period. The company believes the current market price does not fully reflect its value and sees the buyback as a strategic move to enhance long-term shareholder value, utilizing its financial resources effectively.
More about Voyageur Mineral Explorers
Voyageur Mineral Explorers Corp. is a Canadian junior mineral exploration company concentrating on mineral properties in Northwest Manitoba and Northeast Saskatchewan. It possesses a valuable package of royalties in the Flin Flon greenstone belt and has a portfolio of base and precious metal prospects in these regions.
YTD Price Performance: -37.33%
Average Trading Volume: 31,731
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$15.17M
For an in-depth examination of VOY stock, go to TipRanks’ Stock Analysis page.