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Feishang Anthracite Resources ( (HK:1738) ) has issued an update.
Feishang Anthracite Resources Limited has announced measures to address a disclaimer of opinion from its auditors regarding the company’s financial statements for 2024. The company is exploring capital raising, divestiture plans, and negotiations with lenders to improve its financial standing. Additionally, the company has resumed production in its coal mines, implemented coal quality management measures, and adopted cost control strategies to enhance operational efficiency and financial stability.
The most recent analyst rating on (HK:1738) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Feishang Anthracite Resources stock, see the HK:1738 Stock Forecast page.
More about Feishang Anthracite Resources
Feishang Anthracite Resources Limited is a company incorporated in the British Virgin Islands, primarily engaged in the coal mining industry. The company focuses on the production and sale of anthracite coal, operating several coal mines including Dayun and Liujiaba Coal Mines.
Average Trading Volume: 1,216,952
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$160.1M
See more data about 1738 stock on TipRanks’ Stock Analysis page.