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The latest update is out from Highway 50 Gold ( (TSE:HWY) ).
Highway 50 Gold Corp. has announced a consolidation of its common shares on a two-to-one basis, effectively reducing the number of outstanding shares by half. The company aims to enhance its business development and growth prospects, including financing opportunities, with this move. The consolidation does not require shareholder approval and is pending approval by the TSX Venture Exchange, with no immediate action required from shareholders holding their shares in brokerage accounts.
More about Highway 50 Gold
Highway 50 Gold Corp. is a company involved in the mining industry, focused on gold exploration and development projects. It is listed on the TSX Venture Exchange under the symbol HWY, primarily targeting the growth and development of its business through strategic financial arrangements.
YTD Price Performance: 0.0%
Average Trading Volume: 60,636
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.02M
For an in-depth examination of HWY stock, go to TipRanks’ Stock Analysis page.
