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The latest announcement is out from Wanguo International Mining Group Ltd. ( (HK:3939) ).
Wanguo International Mining Group Ltd. announced the completion of a series of transactions involving the top-up sale, subscription, and sell-down sale of shares. The top-up sale involved placing 22,500,000 shares at HK$32.55 per share to independent placees, while the subscription saw an equal number of shares subscribed by the top-up seller at the same price. The sell-down sale included a margin call deviation, which was resolved without impacting the overall transactions. These developments are expected to enhance the company’s capital structure and market positioning.
The most recent analyst rating on (HK:3939) stock is a Hold with a HK$35.00 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, primarily engaged in the mining industry. The company focuses on gold mining and related activities, with its shares listed on the Hong Kong Stock Exchange under the stock code 3939.
Average Trading Volume: 6,147,721
Technical Sentiment Signal: Buy
Current Market Cap: HK$35.35B
For detailed information about 3939 stock, go to TipRanks’ Stock Analysis page.