Hunan Gold (002155.SZ): Uncertainty Surrounds Future Market Price of Company's Gold Products

Stock News02-01 16:22

Hunan Gold Corporation Limited (002155.SZ) has issued an announcement regarding a significant fluctuation in its stock price, stating that the final volume of gold resources to be injected into the listed company through the major asset restructuring will be based on the reserves submitted to and approved for filing by the Hunan Provincial Department of Natural Resources.

Due to the complexity and high risks inherent in mineral resource exploration, there may be discrepancies between the filed resource reserves and the actual recoverable reserves.

Investors are advised to be mindful of investment risks. Recent substantial increases in international gold prices have contributed to the rise in the company's stock price, which is correlated with the price appreciation of its primary product, gold.

However, whether the future market price of the company's gold products will continue to rise or remain at elevated levels is uncertain. Investors are urged to pay attention to market risks.

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