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Persistence Resources Group Ltd ( (HK:2489) ) has issued an update.
Persistence Resources Group Ltd has announced a proposed change of its English name to ‘Persistence Gold Group Ltd’ to reflect its current business activities and future development. This rebranding aims to enhance the company’s corporate identity and image, benefiting both the company and its shareholders. The name change is subject to shareholder approval and regulatory consent in the Cayman Islands and Hong Kong. The change will not affect shareholders’ rights or the company’s daily operations and financial position.
The most recent analyst rating on (HK:2489) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Persistence Resources Group Ltd stock, see the HK:2489 Stock Forecast page.
More about Persistence Resources Group Ltd
Persistence Resources Group Ltd is a company incorporated in the Cayman Islands, focusing on resource management and development. The company is listed on the Hong Kong Stock Exchange and is undergoing a rebranding to better align with its current business activities and future development.
Average Trading Volume: 13,240,034
Technical Sentiment Signal: Hold
Current Market Cap: HK$3.29B
For a thorough assessment of 2489 stock, go to TipRanks’ Stock Analysis page.