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An update from Sunshine Oilsands ( (HK:2012) ) is now available.
Sunshine Oilsands Ltd. announced that it has fully settled the amounts owed to a registered Money Lender in Hong Kong and a third-party individual investor, both of whom were involved in a winding-up petition against the company. The company believes that settling these obligations will not have a material adverse impact on its financial performance or position, as the relevant financial information was already recorded in its financial statements.
The most recent analyst rating on (HK:2012) stock is a Sell 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 oil sands industry, focusing on the exploration and development of oil sands resources.
Average Trading Volume: 3,096,362
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$251.4M
For an in-depth examination of 2012 stock, go to TipRanks’ Overview page.