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The latest update is out from Sunshine Oilsands ( (HK:2012) ).
Sunshine Oilsands Ltd. has announced a further delay in the dispatch of a circular related to the acquisition of a 51% equity interest in a target company. This delay, now extended to on or before October 22, 2025, is due to the need for additional time to prepare and incorporate necessary information. The delay may impact the completion timeline of the acquisition, and stakeholders are advised to exercise caution.
The most recent analyst rating on (HK:2012) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sunshine Oilsands stock, see the HK:2012 Stock Forecast page.
More about Sunshine Oilsands
Sunshine Oilsands Ltd. is a Calgary-based public corporation listed on the Hong Kong Stock Exchange since March 1, 2012. The company is focused on developing its substantial holdings of oil sands leases in the Athabasca oil sands region, owning interests in approximately one million acres of oil sands and petroleum and natural gas leases. Currently, Sunshine Oilsands is concentrating on milestone projects in the West Ells area, with an initial production target of 5,000 barrels per day.
Average Trading Volume: 3,069,041
Technical Sentiment Signal: Sell
Current Market Cap: HK$297.1M
For a thorough assessment of 2012 stock, go to TipRanks’ Stock Analysis page.