Galway Gold (TSE:MTK) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue