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Dragon Mining Clarifies Translation Error in Share Placement Announcement

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Dragon Mining Clarifies Translation Error in Share Placement Announcement

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Dragon Mining ( (HK:1712) ) has shared an update.

Dragon Mining Limited issued a clarification announcement regarding a translation error in its previous announcement about the proposed placing of new shares. The error involved the total proceeds from the share placement, which should be approximately 177.4 million HKD instead of 117.4 million HKD as initially stated in the Chinese version. The English version of the announcement was accurate, and no other information has changed.

The most recent analyst rating on (HK:1712) stock is a Buy with a HK$5.50 price target. To see the full list of analyst forecasts on Dragon Mining stock, see the HK:1712 Stock Forecast page.

More about Dragon Mining

Dragon Mining Limited is a company incorporated in Western Australia, primarily involved in the mining industry. It focuses on the exploration and production of mineral resources, with its operations and market presence extending to various regions.

Average Trading Volume: 2,522,431

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.09B

See more data about 1712 stock on TipRanks’ Stock Analysis page.

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