Interra Resources Ltd. (SG:5GI) has released an update.
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Interra Resources Ltd. has received approval from SGX-ST for a 12-month extension to meet the criteria for removal from the watch-list, extending the deadline to December 4, 2025. The company had achieved a consolidated pre-tax profit for FY2023 but required more time to reach an average daily market capitalization of S$40 million. This extension provides a crucial window for Interra Resources to meet its financial targets and improve its standing in the market.
For further insights into SG:5GI stock, check out TipRanks’ Stock Analysis page.