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MMG ( (HK:1208) ) has provided an announcement.
MMG Limited has announced the extension of the Long Stop Date for its acquisition of the Anglo-American nickel business in Brazil to 30 June 2026, due to the ongoing Phase II review by the European Commission. The company is actively collaborating with Anglo-American and the European Commission to facilitate the review process, which is crucial for the completion of the acquisition.
The most recent analyst rating on (HK:1208) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on MMG stock, see the HK:1208 Stock Forecast page.
More about MMG
MMG Limited is a company incorporated in Hong Kong, operating in the mining industry. It focuses on the acquisition and development of mineral resources, with a particular emphasis on nickel, as demonstrated by its recent acquisition activities.
YTD Price Performance: 148.83%
Average Trading Volume: 68,034,842
Technical Sentiment Signal: Buy
Current Market Cap: HK$77.34B
For a thorough assessment of 1208 stock, go to TipRanks’ Stock Analysis page.