Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Asia Resources Holdings Limited ( (HK:0899) ).
Zhong Jia Guo Xin Holdings Company Limited has provided an update regarding the operational status of its Jiuyuan and Jinhao mines. The operations were impacted by Typhoon Yagi, which caused severe flooding and geological disasters in southern Yunnan, halting improvement works. The company has since completed the necessary dewatering and structural inspections as mandated by regulatory authorities, and has submitted the required reports by December 2024. The recovery and re-inspection efforts have delayed the resumption of upgrade works at the mines.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
More about Asia Resources Holdings Limited
Average Trading Volume: 545,420
Technical Sentiment Signal: Sell
Current Market Cap: HK$34.43M
Find detailed analytics on 0899 stock on TipRanks’ Stock Analysis page.