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The latest update is out from North Mining Shares Co., Ltd. ( (HK:0433) ).
North Mining Shares Co., Ltd. has taken significant steps to address a disclaimer of opinion regarding its ability to continue as a going concern, as noted in its 2024 annual report. The company has resumed its mining operations, generating substantial revenue, which is being used to reduce debt and improve financial stability. Additionally, the company is negotiating with potential investors for equity financing and has implemented cost reduction measures to enhance operational efficiency.
More about North Mining Shares Co., Ltd.
North Mining Shares Co., Ltd. operates in the mining industry, focusing on the production of molybdenum concentrate products. The company is engaged in mining operations and is working to enhance its financial stability and shareholder value through operational efficiency and financial management.
Average Trading Volume: 4,892,707
Technical Sentiment Signal: Sell
Current Market Cap: HK$412.9M
For a thorough assessment of 0433 stock, go to TipRanks’ Stock Analysis page.