Yorkton Equity Group Inc ( (TSE:YEG) ) just unveiled an announcement.
Yorkton Equity Group Inc. reported significant financial growth for the fiscal year 2024, with a 42% increase in rental revenue and a 38% rise in net rental income, driven by strong demand in Edmonton, Alberta. The company also executed strategic transactions, including selling restaurant assets and securing a loan from a related party, to enhance its financial position and explore future investment opportunities.
More about Yorkton Equity Group Inc
Yorkton Equity Group Inc. operates in the real estate industry, focusing primarily on residential rental properties. The company is dedicated to acquiring multi-family rental assets to build a robust portfolio, aiming for stable cash flow and capital appreciation.
YTD Price Performance: -4.76%
Average Trading Volume: 7,342
Technical Sentiment Signal: Sell
Current Market Cap: C$11.12M
See more data about YEG stock on TipRanks’ Stock Analysis page.