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Nuinsco Resources ( (TSE:NWI) ) just unveiled an announcement.
Nuinsco Resources Limited announced the results of its annual and special meeting of shareholders, where all nominated directors were elected. Shareholders approved the re-appointment of Horizon Assurance LLP as the company’s auditor, authorized a potential share consolidation, and approved unallocated options and rights under the company’s stock option and share incentive plans.
Spark’s Take on TSE:NWI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NWI is a Underperform.
Nuinsco Resources’ score reflects significant financial instability and lack of market activity. The company’s negative equity and profitability issues severely impact its financial health. The absence of key technical indicators and a negative P/E ratio further contribute to a low score.
To see Spark’s full report on TSE:NWI stock, click here.
More about Nuinsco Resources
Nuinsco Resources is a growth-oriented, multi-commodity mineral exploration and development company with over 50 years of exploration success. The company focuses on prospective opportunities in Canada and internationally, with properties in Ontario and an agreement for gold exploitation in Egypt.
Technical Sentiment Signal: Sell
Current Market Cap: C$3.08M
For a thorough assessment of NWI stock, go to TipRanks’ Stock Analysis page.