Interra Resources Ltd. (SG:5GI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Interra Resources Ltd. has received approval from SGX-ST for a 12-month extension to meet the criteria for removal from the watch-list, extending the deadline to December 4, 2025. The company had achieved a consolidated pre-tax profit for FY2023 but required more time to reach an average daily market capitalization of S$40 million. This extension provides a crucial window for Interra Resources to meet its financial targets and improve its standing in the market.
For further insights into SG:5GI stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- 3 Penny Stocks to Watch Now, 11/29/24
- Musk’s Tesla Gigafactories Continue to Pollute Environment, Report Says
- Amazon Plans Huge AI Spends to Stay in the Race with Big Tech
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.