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Centurion Minerals Faces Filing Delays, MCTO Issued
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Centurion Minerals Faces Filing Delays, MCTO Issued

Story Highlights
  • Centurion Minerals Ltd. is delayed in its annual financial filings, prompting a management cease trade order.
  • The company expects to resolve filing delays by January 27, 2025, due to administrative issues.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Centurion Minerals ( (TSE:CTN) ) has shared an update.

Centurion Minerals Ltd. has announced a delay in filing its annual financial statements and management’s discussion for the fiscal year ended July 31, 2024, which has led to a management cease trade order restricting its CEO and CFO from trading. This delay also affects the interim financial statements for the three months ended October 31, 2024. The company is working diligently to resolve these issues, with plans to file the documents by January 27, 2025, citing administrative delays as the reason for the postponement.

More about Centurion Minerals

Centurion Minerals Ltd. is a Canadian-based company focusing on the exploration and development of precious mineral assets in the Americas. It aims to earn a 100% interest in the Casa Berardi West Gold Project, situated in the gold-rich greenstone belt of the central Abitibi Subprovince in northeastern Ontario.

YTD Price Performance: -25.00%

Average Trading Volume: 51,566

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$647.5K

For a thorough assessment of CTN stock, go to TipRanks’ Stock Analysis page.

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