O3 Mining Inc (OTC: OIIIF) Stock On Watchlist Following The Latest News
As investors return to the markets this morning once again at the start of another trading week, there are certain stocks which are expected to be in focus. One of those could well be O3 Mining Inc (OTC: OIIIF) which had been in the news cycle last Friday following a key new announcement. Here’s a closer look into it.
Deferred Share Issuance
The company announced on January 3 that it had issued deferred share units (DSUs) in O3 Mining to its director Bernardo Alvarez Calderon in order to settle some of the director fees in place of cash in the fourth fiscal quarter of 2024. In the news release, it was also noted that the issuance had gone into effect on December 31, 2024. Additionally, it was noted that the directors of the company could choose to receive a part or all of their director fees in the form of DSUs or cash from time to time.
Further Information
It was also stated in the news release that any payments which would be made to the directors in the form of DSUs would be settle on a quarterly basis. The company stated that it issued a total of 4303 DSUs to Calderon in the fourth quarter of 2024.
Traders Notes
| +/- EMA(20) | 1.07 (+7.48%) |
| +/- SMA(50) | 0.89 (+29.21%) |
| +/- SMA(200) | 0.91 (+26.37%) |
| 5-Day Perf. | -0.86% |
| 1-Month Perf. | +57.32% |
| 3-Month Perf. | +44.47% |
| 6-Month Perf. | +17.95% |
| YTD Perf. | -0.26% |
| 1-Year Perf. | -2.54% |
| RSI(14) | 75.8 |
| ATR(14) | 0.03 |
| ADX(14) | 50.98 |
| Beta (5Y) | 0.60 |
