Galway Gold (TSE:MTK) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Montauk Metals Inc. has lost an arbitration case against the Republic of Colombia over compensation for the Reina de Oro project, with the ruling denying Colombia’s claim for costs and ordering a reimbursement to Montauk of USD$504,000. The company is currently reviewing the decision’s impact with legal advisors and considering its options, amidst a stark admission of insolvency and inability to continue as a going concern, warning that any investment in its shares is highly speculative.
For further insights into TSE:MTK stock, check out TipRanks’ Stock Analysis page.