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Ximei Resources Holding Ltd. ( (HK:9936) ) has shared an announcement.
Ximei Resources Holding Ltd. has successfully completed the placing of 20 million new shares under a general mandate, raising approximately HK$98.5 million in net proceeds. The funds will be used for procuring raw materials and covering daily operational expenses, with the shareholding structure of the company seeing a slight change, as public shareholders now hold a larger portion of shares.
The most recent analyst rating on (HK:9936) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on Ximei Resources Holding Ltd. stock, see the HK:9936 Stock Forecast page.
More about Ximei Resources Holding Ltd.
Ximei Resources Holding Ltd. is a company incorporated in the Cayman Islands, focusing on the procurement of raw materials such as tantalite and columbite, which are essential for various industrial applications.
Average Trading Volume: 559,335
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.2B
Find detailed analytics on 9936 stock on TipRanks’ Stock Analysis page.