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Camino Minerals ( (TSE:COR) ) has shared an update.
Camino Minerals Corporation announced the effective date for its share consolidation, which will take place on January 20, 2025. The consolidation will reduce the number of outstanding common shares from approximately 209 million to about 35 million, without affecting shareholders’ proportional ownership. This move is likely part of Camino’s broader strategy to streamline its share structure while maintaining focus on its copper exploration and development projects.
More about Camino Minerals
Camino is a discovery and development stage copper exploration company focused on developing copper producing assets. It recently signed a Definitive Agreement to purchase the construction-ready Puquios copper mine in Chile, and is advancing its IOCG Los Chapitos project.
YTD Price Performance: 0.0%
Average Trading Volume: 249,977
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$7.32M
For detailed information about COR stock, go to TipRanks’ Stock Analysis page.
