TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Future Bright Mining Holdings Ltd. ( (HK:2212) ) has provided an update.
Future Bright Mining Holdings Limited has successfully completed the placing of 210,640,000 new shares, representing approximately 16.7% of its enlarged issued share capital. The net proceeds of approximately HK$27.32 million will be allocated towards capital expenditure for the Yiduoyan Project and general working capital, potentially strengthening the company’s financial position and operational capabilities.
More about Future Bright Mining Holdings Ltd.
Average Trading Volume: 1,117,000
Technical Sentiment Signal: Buy
Current Market Cap: HK$209.6M
For an in-depth examination of 2212 stock, go to TipRanks’ Overview page.