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Waraba Gold Limited ( (TSE:WBGD) ) has issued an update.
Waraba Gold Limited announced its board’s approval for a consolidation of its common shares, reducing the number of shares from 168,403,338 to approximately 9,355,741. This move, effective October 3, 2025, aims to streamline the company’s share structure, with no changes to its name or stock symbols, potentially impacting shareholder value and market perception.
Spark’s Take on TSE:WBGD Stock
According to Spark, TipRanks’ AI Analyst, TSE:WBGD is a Underperform.
Waraba Gold Limited faces significant financial challenges with no revenue and persistent losses, severely impacting its stock score. While technical indicators provide a slightly neutral outlook, and corporate events show potential for future growth, the overall financial distress overshadows these aspects, leading to a low score.
To see Spark’s full report on TSE:WBGD stock, click here.
More about Waraba Gold Limited
Waraba Gold Limited is a resource exploration company focused on acquiring and exploring mineral properties. It is a reporting issuer in British Columbia and Alberta, with its common shares trading on the Canadian Securities Exchange under the symbol ‘WBGD’ and on the Frankfurt Stock Exchange under the symbol ‘ZE0’.
Average Trading Volume: 102,808
Technical Sentiment Signal: Buy
Current Market Cap: C$2.44M
Find detailed analytics on WBGD stock on TipRanks’ Stock Analysis page.