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Persistence Resources Group Ltd ( (HK:2489) ) has provided an update.
Persistence Resources Group Ltd announced the resumption of production at its Songjiagou Underground Mine following a temporary suspension due to the renewal of its safety production permit. The company has received the necessary safety license and resumed normal operations, with the board stating that the short suspension will not significantly impact the annual gold production volume.
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, operating in the mining industry with a focus on gold production.
Average Trading Volume: 13,899,792
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.5B
Learn more about 2489 stock on TipRanks’ Stock Analysis page.