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Wanguo International Mining Group Ltd. ( (HK:3939) ) has shared an announcement.
Wanguo International Mining Group Ltd. has announced plans for a top-up sale of existing shares and a subscription of new shares under a general mandate. Additionally, a shareholder intends to sell down existing shares. These actions are aimed at raising capital through a book-building exercise, although no binding agreements have been finalized. The impact on the company’s operations and market positioning will depend on the successful execution of these plans.
The most recent analyst rating on (HK:3939) stock is a Buy with a HK$34.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.
More about Wanguo International Mining Group Ltd.
Wanguo International Mining Group Ltd. is a company incorporated in the Cayman Islands, operating in the mining industry with a focus on gold production.
Average Trading Volume: 4,662,658
Technical Sentiment Signal: Buy
Current Market Cap: HK$36.87B
Learn more about 3939 stock on TipRanks’ Stock Analysis page.