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St. James Gold Corp. Seeks Management Cease Trade Order Amid Financial Reporting Delays
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St. James Gold Corp. Seeks Management Cease Trade Order Amid Financial Reporting Delays

Story Highlights

Invest with Confidence:

St James Gold ( (TSE:LORD) ) has provided an announcement.

St. James Gold Corp. has applied for a management cease trade order due to its inability to file its annual audited financial statements by the deadline. The delay is caused by financial constraints in paying its auditors, but the company is pursuing equity financing to resolve this issue and expects to file the necessary documents by March 28, 2025. The order, if granted, will restrict trading by the CEO and CFO until compliance is achieved, while the public can continue trading the company’s securities.

More about St James Gold

St. James Gold Corp. operates in the mining industry, focusing on the exploration and development of gold resources. The company is listed on multiple stock exchanges, including TSXV, OTCQB, and FSE.

YTD Price Performance: 38.89%

Average Trading Volume: 21,608

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$4.75M

For an in-depth examination of LORD stock, go to TipRanks’ Stock Analysis page.

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