GT GOLD Shares Surge Over 8% in Session, Acquisition of Ningxian Gold Mine Enhances Resource Portfolio

Deep News07-03

GT GOLD (08299) saw its shares rise more than 8% during the trading session. At the time of writing, the stock is up 5%, currently trading at HK$0.315 with a turnover of HK$5.1085 million.

It is worth noting that GT GOLD recently released its annual results for the period ended in March. During the reporting period, the company achieved revenue of HK$1.966 billion, a year-on-year increase of 49.62%. Profit attributable to owners of the company was HK$94.878 million, up 42.57% compared to the previous year. Furthermore, GT GOLD has announced the completion of a significant transaction involving the acquisition of two project companies in Ningxian County, Shaanxi Province. All preconditions of the agreement have been fulfilled, and the completion was finalized on June 29, 2026. Following the completion, the target companies have become direct wholly-owned subsidiaries of GT GOLD, and their financial performance will be consolidated into the group's financial statements.

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