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Sunshine Oilsands ( (HK:2012) ) has shared an announcement.
Sunshine Oilsands Ltd. has announced a non-binding cooperation framework agreement with Southern Power Grid Energy Efficiency and Clean Energy Co. Limited to collaborate on new energy projects in Shandong and Guangdong, China. This agreement aims to diversify Sunshine’s energy business portfolio by leveraging Southern Power Energy’s expertise in project financing and management, with a focus on carbon reduction and energy conservation projects.
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 corporation incorporated under the Business Corporations Act of the Province of Alberta, Canada, and is listed on the Hong Kong Stock Exchange. The company is involved in the energy sector, focusing on oil sands development and production.
YTD Price Performance: -22.41%
Average Trading Volume: 4,570,524
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$257.1M
For a thorough assessment of 2012 stock, go to TipRanks’ Stock Analysis page.