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Mongolia Energy ( (HK:0276) ) just unveiled an update.
Mongolia Energy Corporation Limited has provided an update on its action plan to address the disclaimer of opinion issued by its auditors for the fiscal year 2025. The company has made significant progress in settling its royalty tax obligations for 2022 and 2023, with five out of six installments paid. Additionally, the company is contesting a reassessment tax ruling for the years 2017 to 2020 in the Mongolian Administrative Court. Despite ongoing legal proceedings, Mongolia Energy is committed to resolving these issues and keeping stakeholders informed of developments.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
More about Mongolia Energy
Mongolia Energy Corporation Limited, incorporated in Bermuda, operates in the energy sector with a focus on coal mining and energy resources. The company is primarily involved in the extraction and sale of coal, catering to energy demands in Mongolia and the surrounding regions.
Average Trading Volume: 336,614
Technical Sentiment Signal: Hold
Current Market Cap: HK$137.3M
See more data about 0276 stock on TipRanks’ Stock Analysis page.