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Jervois Global Limited ( (AU:JRV) ) has issued an update.
Jervois Global Limited has initiated a prepackaged Chapter 11 bankruptcy process in the United States, as announced earlier this month. This procedure, which involves halting the trading of its shares on various stock exchanges, is part of the company’s efforts to restructure its financial obligations and stabilize its business operations.
More about Jervois Global Limited
Jervois Global Limited is a company operating in the mining industry, primarily focusing on cobalt and nickel products. It is listed on the ASX, TSX-V, and U.S. OTC market, and its operations are connected to the global demand for these critical minerals.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $18.64M
For a thorough assessment of JRV stock, go to TipRanks’ Stock Analysis page.