OceanaGold PH shares drop on market debut

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 92%

Oceanagold 뉴스

PH,Shares,Drop

THE country's first public listing for the year — also the first by a mining company in over a decade — got off to a rocky start on Monday.

THE country's first public listing for the year — also the first by a mining company in over a decade — got off to a rocky start on Monday.OceanaGold Philippines Inc. saw its shares open slightly higher than the discounted initial public offering price of P13.33 at P13.34, but then closed the day 6.16 percent down at P12.50.The benchmark Philippine Stock Exchange index , which has struggled in recent weeks after nearly returning to the 7,000 level last month, started the week 1.

Its parent firm has said that the proceeds from the IPO would be used for the 'repayment of the company's debt,' which was $135 million at the end of 2023.During Monday's bell-ringing ceremony, OGP President Joan Adaci-Cattiling said the listing was 'truly a momentous occasion, a milestone not only for us but for the Philippine mining industry and business sector in general.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

OceanaGold makes lackluster market debutAustralian-Canadian mining company OceanaGold Philippines Inc. saw a lackluster market debut yesterday after its share price dropped by more than six percent.
출처: PhilstarNews - 🏆 1. / 94 더 많은 것을 읽으십시오 »