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Phenom Resources Corp ( (TSE:PHNM) ) has provided an update.
Phenom Resources Corp. has informed its shareholders about a significant Executive Order signed by President Trump aimed at boosting American mineral production. This order is expected to positively impact the mineral sector by reducing regulatory hurdles and promoting domestic production, which could expedite Phenom’s drilling activities on its Dobbin and King Solomon gold projects.
More about Phenom Resources Corp
Phenom Resources Corp. is a company with a 100% interest in the Carlin Gold-Vanadium Project, which includes North America’s largest and highest-grade primary vanadium resource. The company is also progressing with drill permit applications for its Dobbin and King Solomon Gold Projects.
YTD Price Performance: -6.45%
Average Trading Volume: 73,197
Technical Sentiment Signal: Buy
Current Market Cap: C$32.79M
See more insights into PHNM stock on TipRanks’ Stock Analysis page.