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China Kingstone Mining Holdings Ltd ( (HK:1380) ) has shared an announcement.
China Kingstone Mining Holdings Limited has further extended the exclusivity period under its memorandum of understanding for a potential acquisition involving gold mines, pushing the deadline from 31 December 2025 to 30 June 2026 or a later date if mutually agreed. The extension is intended to allow more time for negotiations with the vendor and for the group’s due diligence on the gold mining assets, but the company cautions that there is still no certainty a formal agreement will be signed or that the acquisition will proceed, leaving the potential impact on its asset base and future growth strategy contingent on the outcome of ongoing talks.
The most recent analyst rating on (HK:1380) stock is a Hold with a HK$0.48 price target. To see the full list of analyst forecasts on China Kingstone Mining Holdings Ltd stock, see the HK:1380 Stock Forecast page.
More about China Kingstone Mining Holdings Ltd
China Kingstone Mining Holdings Limited is a mining company listed in Hong Kong that is exploring opportunities to expand its resource portfolio, including potential interests in gold mines.
Average Trading Volume: 12,729,906
Technical Sentiment Signal: Buy
Current Market Cap: HK$300.6M
For detailed information about 1380 stock, go to TipRanks’ Stock Analysis page.