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55 North Mining Inc. Announces Share Consolidation

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55 North Mining Inc. Announces Share Consolidation

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The latest update is out from 55 North Mining Inc ( (TSE:FFF) ).

55 North Mining Inc. announced a consolidation of its issued and outstanding common shares on a 12.5:1 basis, reducing the total number of shares from approximately 306.8 million to 24.5 million post-consolidation. This move, subject to regulatory approval, aims to streamline the company’s share structure and is expected to take effect on October 3, 2025, with no change to the company’s name or trading symbols.

Spark’s Take on TSE:FFF Stock

According to Spark, TipRanks’ AI Analyst, TSE:FFF is a Underperform.

The overall score reflects significant financial instability, with no revenue and negative equity posing major risks. Technical analysis indicates potential oversold conditions, but the valuation is unattractive due to negative earnings.

To see Spark’s full report on TSE:FFF stock, click here.

More about 55 North Mining Inc

55 North Mining Inc. is an exploration and development company focused on advancing its high-grade Last Hope Gold Project located in Manitoba, Canada.

Average Trading Volume: 203,941

Technical Sentiment Signal: Buy

Current Market Cap: C$15.34M

See more data about FFF stock on TipRanks’ Stock Analysis page.

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