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An update from Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) is now available.
Jinchuan Group International Resources Co. Ltd has completed a top-up placing and subscription of shares, raising approximately HK$388 million. The proceeds will be used to finance the deep processing stage of the Musonoi Project, with allocations for construction, equipment, and installation costs, as well as to bolster general working capital in anticipation of the project’s commissioning this year.
More about Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd is a company incorporated in the Cayman Islands, primarily involved in the resources sector. The company focuses on the development and management of mining projects, with a particular emphasis on copper and cobalt production.
YTD Price Performance: 30.77%
Average Trading Volume: 83,753,379
Technical Sentiment Signal: Sell
Current Market Cap: HK$8.5B
For detailed information about 2362 stock, go to TipRanks’ Stock Analysis page.