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Chifeng Jilong Says No Undisclosed Reasons Behind Share Price Volatility

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Chifeng Jilong Says No Undisclosed Reasons Behind Share Price Volatility

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Chifeng Jilong Gold Mining Co., Ltd. Class H ( (HK:6693) ) just unveiled an announcement.

Chifeng Jilong Gold Mining said it has observed unusual recent movements in its Hong Kong-listed share price but, after internal inquiries, the board is unaware of any undisclosed reasons behind the volatility beyond information already in the public domain. The company stressed that its business operations are normal and stable, its core activities are progressing smoothly, and there are no material undisclosed matters requiring announcement, while advising investors and shareholders to exercise caution when trading its securities.

The most recent analyst rating on (HK:6693) stock is a Buy with a HK$49.00 price target. To see the full list of analyst forecasts on Chifeng Jilong Gold Mining Co., Ltd. Class H stock, see the HK:6693 Stock Forecast page.

More about Chifeng Jilong Gold Mining Co., Ltd. Class H

Chifeng Jilong Gold Mining Co., Ltd. is a Chinese joint stock company listed in Hong Kong via H shares, operating in the gold mining industry through a group structure. The company focuses on the exploration, mining and production of gold and related precious metals, serving investors in the mainland China and Hong Kong capital markets.

Average Trading Volume: 7,562,194

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$78.89B

Learn more about 6693 stock on TipRanks’ Stock Analysis page.

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