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An update from Ten Sixty Four Limited ( (AU:X64) ) is now available.
Ten Sixty Four Limited has received an initial payment of US$10.5 million from its associate Philsaga Mining Corporation, as part of their Memorandum of Agreement. This payment will help the company clear its outstanding related party debts and progress towards implementing its Deed of Company Arrangement, thereby stabilizing its financial position.
More about Ten Sixty Four Limited
Ten Sixty Four Limited operates in the mining industry, focusing on mineral processing and refining through its subsidiary Mindanao Mineral Processing and Refining Corporation. The company is listed on the Australian Securities Exchange (ASX) under the ticker X64.
YTD Price Performance: -80.0%
Average Trading Volume: 3,000
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $81.52M
For an in-depth examination of X64 stock, go to TipRanks’ Stock Analysis page.
