Bens Creek Group Plc (GB:BEN) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Bens Creek Group Plc, a metallurgical coal mine owner, has announced a suspension of its shares from trading on AIM following a redemption notice for a $7.57 million loan from ACAM LP. The company is facing severe cash constraints and is unable to repay the loan, leading to considerations of potential administration. Share trading will remain suspended as the company explores available options and will provide further updates in due course.
For further insights into GB:BEN stock, check out TipRanks’ Stock Analysis page.