Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
China Metal Resources Utilization Ltd. ( (HK:1636) ) just unveiled an update.
China Metal Resources Utilization Ltd. has announced an extraordinary general meeting to approve several key resolutions, including the issuance of convertible notes and subscription shares. These actions are intended to enhance the company’s capital structure and facilitate future growth. The resolutions also include a share consolidation plan, which aims to streamline the company’s share capital and potentially improve its market positioning.
More about China Metal Resources Utilization Ltd.
China Metal Resources Utilization Ltd. operates in the metal resources industry, focusing on the recycling and utilization of metal resources. The company is involved in the production and sale of copper products and related services, catering primarily to markets in China.
YTD Price Performance: -23.00%
Average Trading Volume: 1,648,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$349.6M
See more data about 1636 stock on TipRanks’ Stock Analysis page.