Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Sunshine Oilsands ( (HK:2012) ).
Sunshine Oilsands Ltd. has announced a further delay in sending a shareholder circular related to its proposed placing of up to 114.28 million shares under a specific mandate. The circular, which will contain details of the placing agreement and notice of a special general meeting, is now expected to be dispatched on or before March 3, 2026 instead of the previously indicated February 5, 2026, and the company has cautioned shareholders and potential investors that completion of the placing remains subject to satisfaction of conditions precedent and may or may not proceed.
The most recent analyst rating on (HK:2012) stock is a Sell with a HK$0.35 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 company listed on the Hong Kong Stock Exchange, focused on developing its substantial oil sands leases in Canada’s Athabasca oil sands region. The company holds interests in about one million acres of oil sands, petroleum and natural gas leases, and is currently concentrating on advancing its West Ells project, which has an initial production target of 5,000 barrels of oil per day.
Average Trading Volume: 5,173,389
Technical Sentiment Signal: Sell
Current Market Cap: HK$228.5M
For an in-depth examination of 2012 stock, go to TipRanks’ Overview page.