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Grand Ocean Advanced Resources Co., Ltd. ( (HK:0065) ) has shared an update.
Grand Ocean Advanced Resources Co., Ltd. has successfully completed the placement of 40,920,000 new shares, raising approximately HK$13.5 million in net proceeds. The funds will be allocated towards exploration and professional fees for mining investment opportunities and general working capital, impacting the company’s shareholding structure by increasing the total issued share capital.
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, operating in the mining sector. The company focuses on exploring potential investment opportunities within this industry, providing services related to exploration and development.
Average Trading Volume: 435,767
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$82.87M
For an in-depth examination of 0065 stock, go to TipRanks’ Overview page.