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Quantum Graphite Ltd ( (AU:QGL) ) has issued an announcement.
Quantum Graphite Ltd has settled its legal proceedings against former auditors Grant Thornton, who issued a disclaimer on the company’s 2020 financial statements, leading to a suspension of its securities. The settlement resolves the dispute, allowing Quantum Graphite to focus on its operations and maintain industry compliance, potentially improving stakeholder confidence.
More about Quantum Graphite Ltd
Quantum Graphite Ltd is a mining company that owns the Uley flake graphite mineral deposits in South Australia. The Uley 2 project signifies the next phase of development for the historic Uley mine, known for being one of the largest high-grade natural flake graphite deposits globally.
YTD Price Performance: -1.00%
Average Trading Volume: 71,905
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$170.8M
For an in-depth examination of QGL stock, go to TipRanks’ Stock Analysis page.
