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
The latest announcement is out from Jangada Mines PLC ( (GB:JAN) ).
Jangada Mines PLC announced the successful passing of all resolutions at its recent general meeting, paving the way for the completion of its acquisition of MTGOLD Mineração Ltda. As part of the agreement, Jangada will issue £1 million in new ordinary shares and make a £250,000 cash payment to the vendors of MTGOLD. This acquisition is expected to enhance Jangada’s resource base and strengthen its position in the mining industry.
More about Jangada Mines PLC
Jangada Mines PLC is a natural resource development company operating primarily in the mining sector, with assets located in Brazil and other jurisdictions. The company is focused on developing its mining projects and expanding its market presence.
Average Trading Volume: 1,346,586
Technical Sentiment Signal: Sell
Current Market Cap: £2.34M
For a thorough assessment of JAN stock, go to TipRanks’ Stock Analysis page.