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Grand Ocean Advanced Resources Co., Ltd. ( (HK:0065) ) has provided an announcement.
Grand Ocean Advanced Resources Co., Ltd. has announced the placement of new shares under a general mandate, aiming to raise approximately HK$16.1 million in net proceeds. The funds will be used for potential investments in the mining sector and to support the company’s general working capital, potentially impacting its operational capabilities and market positioning.
The most recent analyst rating on (HK:0065) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Grand Ocean Advanced Resources Co., Ltd. stock, see the HK:0065 Stock Forecast page.
More about Grand Ocean Advanced Resources Co., Ltd.
Grand Ocean Advanced Resources Co., Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the mining sector. The company focuses on investment opportunities within this industry and aims to enhance its market position through strategic capital allocations.
Average Trading Volume: 412,572
Technical Sentiment Signal: Sell
Current Market Cap: HK$116.6M
Learn more about 0065 stock on TipRanks’ Stock Analysis page.