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North Mining Shares Co., Ltd. ( (HK:0433) ) has issued an update.
North Mining Shares Co., Ltd. has provided an update on measures to address a disclaimer of opinion in its 2024 annual report regarding its ability to continue as a going concern. The company reported significant revenue and profit from its mining operations, indicating operational viability and financial stability. Additionally, the company completed equity financing through new share subscriptions, raising approximately HK$74.7 million to settle debts and support working capital, reflecting its commitment to financial management and shareholder value enhancement.
More about North Mining Shares Co., Ltd.
North Mining Shares Co., Ltd. operates in the mining industry, focusing on the extraction and sale of mineral resources. The company is primarily engaged in mining operations, with a market focus on generating revenue through the sale of mined commodities.
Average Trading Volume: 13,022,032
Technical Sentiment Signal: Hold
Current Market Cap: HK$885.1M
For detailed information about 0433 stock, go to TipRanks’ Stock Analysis page.