tiprankstipranks
Tearlach Resources Faces Delay in Annual Filings, Receives Cease Trade Order
Company Announcements

Tearlach Resources Faces Delay in Annual Filings, Receives Cease Trade Order

Story Highlights
  • Tearlach Resources will miss the deadline for filing its annual financial statements due to insufficient funds.
  • A temporary management cease trade order restricts trading by insiders until filings are completed by March 28, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

An update from Tearlach Resources ( (TSE:TEA) ) is now available.

Tearlach Resources Limited, a company listed on the TSX Venture Exchange under the symbol TEA, has announced that it will not meet the deadline for filing its annual financial statements and related documents due to unexpected delays caused by insufficient funds. Consequently, the British Columbia Securities Commission has granted the company a temporary management cease trade order (MCTO) which restricts trading by certain company insiders until the filings are complete. Tearlach anticipates resolving the issue and submitting the documents by March 28, 2025, and will adhere to alternative information guidelines in the meantime.

More about Tearlach Resources

YTD Price Performance: 20.0%

Average Trading Volume: 28,029

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $919.6K

Find detailed analytics on TEA stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App