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Yorkton Equity Group Inc ( (TSE:YEG) ) just unveiled an announcement.
Yorkton Equity Group Inc. has entered into a market maker services agreement with Independent Trading Group (ITG), subject to TSX Venture Exchange approval. This agreement, which involves ITG providing trading services for Yorkton’s common shares, is expected to enhance liquidity and market presence for the company. The deal is structured on a monthly renewal basis with a fee of $5,500, and ITG will not receive shares or options as compensation. This move could potentially strengthen Yorkton’s position in the real estate investment sector by improving the trading dynamics of its shares.
The most recent analyst rating on (TSE:YEG) stock is a Buy with a C$0.37 price target. To see the full list of analyst forecasts on Yorkton Equity Group Inc stock, see the TSE:YEG Stock Forecast page.
More about Yorkton Equity Group Inc
Yorkton Equity Group Inc. is a growth-oriented real estate investment company focused on acquiring and managing multi-family rental properties with significant upside potential. The company operates primarily in Alberta and British Columbia, aiming to increase Net Operating Income and asset values in strategic markets across Western Canada. With over 30 years of experience, Yorkton is committed to providing shareholders with growing assets through acquisitions and organic growth.
Average Trading Volume: 13,022
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$8.94M
For detailed information about YEG stock, go to TipRanks’ Stock Analysis page.