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An announcement from Olive Resource Capital Inc. ( (TSE:OC) ) is now available.
Olive Resource Capital Inc. reported an estimated Net Asset Value (NAV) of C$0.067 per share as of January 31, 2025, reflecting a 5.7% increase driven by strong performance in gold equities, particularly Omai Gold Mines. The company remains strategically invested in the resource sector, with expectations of continued favorable conditions from January to May. Despite not repurchasing shares during January, Olive cancelled a significant number of shares held in treasury in early February, maintaining a focus on optimizing share value.
More about Olive Resource Capital Inc.
Olive Resource Capital Inc. operates within the financial sector, focusing on investments in the resource industry. The company is involved in private and public equity investments, merchant banking, and capital allocation towards high conviction names in the resource space.
YTD Price Performance: -6.67%
Average Trading Volume: 204,820
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$3.06M
For an in-depth examination of OC stock, go to TipRanks’ Stock Analysis page.
