CMC Metals ( (TSE:WLR) ) has provided an announcement.
Walker Lane Resources Ltd. has reported unusual trading activity of its common shares, which the company attributes to potential short selling tactics. The company has engaged CIRO, the market regulator, to evaluate these transactions. Despite this trading activity, Walker Lane is optimistic about its recent acquisitions in Nevada, which are expected to strengthen its market position and valuation. The company is also developing a new website to provide regular updates and enhance stakeholder engagement.
More about CMC Metals
Walker Lane Resources Ltd. is a growth-stage exploration company focusing on high-grade gold, silver, and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C., along with other property assets in Yukon and Newfoundland and Labrador. The company aims to advance its Tule Canyon and Amy projects through aggressive drilling programs.
YTD Price Performance: -15.00%
Average Trading Volume: 14,023
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$2.63M
See more data about WLR stock on TipRanks’ Stock Analysis page.