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Kibo Mining ( (GB:KIBO) ) has provided an announcement.
Kibo Energy PLC has released its financial results for the year ending December 2023, showing a significant decrease in revenue and operating loss compared to the previous year. The company is undergoing a major restructuring, including the sale of its subsidiary and repositioning efforts to focus on sustainable energy projects. It faces a deadline for completing a Reverse Takeover to avoid trading suspension on AIM.
More about Kibo Mining
Kibo Energy PLC is a company based in Ireland, involved in the renewable energy sector, focusing on energy development projects. It has been working on projects like the Mbeya Power Project and a plastic-to-syngas initiative, aiming to generate sustainable energy solutions.
YTD Price Performance: -67.57%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £737.6K
Learn more about KIBO stock on TipRanks’ Stock Analysis page.
