Streetbeat News

SRGMF

SRG Mining Inc

http://srggraphite.com/

Industry

Dimension Stone Mining and Quarrying

Open

0.39

Mkt cap

46M

Volume

16K

High

0.39

P/E Ratio

-9.75

52-wk high

0.52

Low

0.39

Div yield

N/A

52-wk low

0.39

Canada is increasing scrutiny on Chinese investments in its mining sector, with concerns over national security and resource access. Recent deals under review include Yintai Gold's attempt to buy Osino Resources and Zijin Mining Group's plan to acquire a stake in Solaris Resources. SRG Mining scrapped a deal with China's Carbon ONE due to regulatory attention. This heightened scrutiny could impact small mining firms' ability to raise capital. The Macdonald-Laurier Institute warns of security risks without oversight on foreign investments, especially in the Arctic, where Chinese firms have acquired stakes in companies like Vital Metals.

Portfolio Pulse from Stjepan Kalinic

March 06, 2024 | 4:13 pm

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