Citigold Corporation Limited ( (AU:CTO) ) just unveiled an announcement.
Citigold Corporation Limited has received an adverse opinion from its independent auditor regarding its half-year financial report, highlighting a disagreement over the impairment of assets. The auditor’s concerns stem from the company’s inability to secure significant funding for further exploration, which raises doubts about the future economic benefits of its mining tenements and the assumptions used in financial projections.
More about Citigold Corporation Limited
Citigold Corporation Limited operates in the mining industry, focusing on the exploration and development of gold mining projects. The company is primarily involved in the management and advancement of its gold mining tenements.
Average Trading Volume: 5,000
Technical Sentiment Signal: Buy
Current Market Cap: $7.74M
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