Mount Everest Gold Group Expands Exploration Efforts with New Share Subscription
Mount Everest Gold Group Company Limited announced a new share subscription under a general mandate. The proceeds will fund exploration activities at Lhoka and Shigatse Mines and cover operational expenses. This strategic move supports growth and development plans, potentially impacting market positioning. The latest analyst rating for CSMall Group Limited (HK:1815) is Hold with a HK$2.50 price target.
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CSMall Group Limited ( (HK:1815) ) has issued an announcement.
Mount Everest Gold Group Company Limited, a company incorporated in the Cayman Islands, has announced a supplemental update regarding the subscription of new shares under a general mandate. The proceeds from this subscription will be primarily allocated towards capital expenditures for exploration activities at the Lhoka and Shigatse Mines, as well as general working capital for operational expenses. This strategic move aims to support the company’s growth and development plans, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (HK:1815) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on CSMall Group Limited stock, see the HK:1815 Stock Forecast page.
More about CSMall Group Limited
Average Trading Volume: 11,133,081
Technical Sentiment Signal: Buy
Current Market Cap: HK$3B
Learn more about 1815 stock on TipRanks’ Stock Analysis page.
