|Bid||0.0100 x 0|
|Ask||0.0100 x 0|
|Day's Range||0.0100 - 0.0100|
|52 Week Range||0.0050 - 0.0350|
|Beta (3Y Monthly)||-0.85|
|PE Ratio (TTM)||5.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Anconia Resources Corp. (ARA.V) (“Anconia” or the “Company”) and Avalon Investment Holdings Ltd. (“Avalon”) are pleased to announce that they have entered into a binding letter agreement dated May 24, 2019 (the “LOI”), in respect of a proposed transaction (the “Transaction”), whereby Anconia has agreed to acquire all of the issued and outstanding securities of Avalon, by way of three-cornered amalgamation, share exchange or such other form of business combination as the parties may determine. The entity that would result from the completion of the Transaction (the “Resulting Issuer”), will continue to carry on base and precious metals exploration and development, focused primarily on the exploration of Avalon’s Omai Gold Mine project in Guyana.
If you own shares in Anconia Resources Corp. (CVE:ARA) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure Read More...