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Tamboran Resources Faces Going Concern Uncertainty in Latest Financial Review

Story Highlights
  • Tamboran Resources released its interim financial statements for December 31, 2024.
  • Ernst & Young noted a material uncertainty about Tamboran’s ability to continue as a going concern.
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Tamboran Resources Faces Going Concern Uncertainty in Latest Financial Review

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Tamboran Resources Limited ( (AU:TBN) ) has shared an announcement.

Tamboran Resources Limited has released its interim financial statements for the half-year ending December 31, 2024. The independent auditor’s review by Ernst & Young highlighted a material uncertainty regarding the company’s ability to continue as a going concern, although they found no issues with the financial statements’ adherence to U.S. Generally Accepted Accounting Principles.

More about Tamboran Resources Limited

YTD Price Performance: 46.43%

Average Trading Volume: 1,763,178

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$391.5M

Learn more about TBN stock on TipRanks’ Stock Analysis page.

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