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Morien Resources ( (TSE:MOX) ) just unveiled an update.
Morien Resources Corp. has expressed approval of the Nova Scotia Government’s renewed commitment to the natural resource sector, as detailed in Premier Tim Houston’s recent letter outlining his second-term governance strategy. The Premier aims to enhance self-reliance by exploiting opportunities in energy and minerals, emphasizing a need to expedite project approvals and reverse outright bans, which is expected to benefit companies like Morien in the resource-rich province.
More about Morien Resources
Morien Resources is a Nova Scotia-based mining development company established in 2012. Its primary assets include royalties on coal sales from the Donkin Mine and aggregate sales from the Black Point Project, focusing on delivering prosperity to Nova Scotians, its largest shareholder group.
YTD Price Performance: 6.52%
Average Trading Volume: 15,717
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$12.57M
For an in-depth examination of MOX stock, go to TipRanks’ Stock Analysis page.