Aenza SAA
Change company Symbol lookup
Select an option...
AENZ Aenza SAA
GCACU Growth Capital Acquisition Corp
CBU Community Bank System Inc
FMCC Federal Home Loan Mortgage Corp
VOD Vodafone Group PLC
TSM Taiwan Semiconductor Manufacturing Co Ltd
AVVIY Aviva PLC
UNM Unum Group
EPR EPR Properties
VALN Valneva SE
Go

Industrials : Construction & Engineering | Small Cap Value
Based in Peru
Company profile

Aenza SAA, formerly Grana y Montero SAA, is a Peru-based company which engages in the Industrial & Commercial Services Business Sector. The main objective of the Company is to engage in investments and commercial operations in general, as well as engineering services, management advice, real estate investments, acquisition, transfer and negotiation of shares, participations or shares of companies, as well as any other securities. The Company's purpose is to transform realities and living conditions promoting development responsible and facilitating the well-being of citizens in permanent commitment with society. The Company's goal is to give life to the means, spaces and resources that facilitate the urban life of people.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Closing Price
$2.04
Day's Change
0.04 (2.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.04
Day's Low
1.98
Volume
(Light)
Volume:
11,856

10-day average volume:
30,589
11,856

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Standard Lithium Ltd. (SLI) on Behalf of Investors

2:00 pm ET November 23, 2021 (BusinessWire) Print

Glancy Prongay & Murray LLP ("GPM"), a leading national shareholder rights law firm, continues its investigation on behalf of Standard Lithium Ltd. ("Standard Lithium" or the "Company") (NYSE: SLI) investors concerning the Company's possible violations of the federal securities laws.

If you suffered a loss on your Standard Lithium investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/standard-lithium-ltd/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On November 18, 2021, before the market opened, Blue Orca Capital issued a research report alleging that Standard Lithium's claims of 90% extraction rates of battery grade lithium at its Arkansas demonstration plant has no evidence to back it up. The report claimed that "undisclosed to investors, production data submitted by Standard Lithium to the Arkansas Oil & Gas Commission appears to show that the Demonstration Plant, which has been operating for 18 months, is barely achieving a fraction of this projected recovery rate," and that the demonstration plant has only been achieving an average lithium recovery rate of 13%.

On this news, Standard Lithium stock fell $1.86, or 18.8%, to close at $8.01 per share on November 18, 2021, thereby injuring investors.

Then, on November 18, after the market closed, Standard Lithium issued a response purporting to dispute the Blue Orca report. Among other things, the Company stated that "the only data reported to the AOGC, in compliance with the requirements of the AOGC, were those volumes of lithium chloride solution that were temporarily stored on Standard Lithium's site and these have no correlation with actual lithium recovery rates observed in the plant."

Then, on November 22, 2021, Blue Orca responded in a series of tweets, calling the Company's response "nonsense." It further stated that "[t]he AOGC permit, which any investor can review, plainly requires the reporting of output of lithium chloride and carbonate in a separate category 2(c) from the volumes stored onsite 2(e). The data we used 2(c) is plainly labelled as the output data." Moreover, regarding Standard Lithium's claim that the AOGC data does not include lithium chloride that has been produced and subsequently reinjected, Blue Orca stated that the "output volumes reported under 2(c) are clearly shown as being 'sent for reinjection.'" Blue Orca reiterated that the Company "claims to have reached 'proof of concept,'" but the potential joint venture partner "denies it has reached this milestone."

On this news, the Company's share price fell $0.85, or 9%, to close at $8.43 per share on November 22, 2021, thereby injuring investors further.

Follow us for updates on LinkedIn, Twitter, or Facebook.

Whistleblower Notice: Persons with non-public information regarding Standard Lithium should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com.

About GPM

Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. ISS Securities Class Action Services has consistently ranked GPM in its annual SCAS Top 50 Report. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements. With four offices across the country, GPM's nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM's lawyers have handled cases covering a wide spectrum of corporate misconduct including cases involving financial restatements, internal control weaknesses, earnings management, fraudulent earnings guidance and forward looking statements, auditor misconduct, insider trading, violations of FDA regulations, actions resulting in FDA and DOJ investigations, and many other forms of corporate misconduct. GPM's attorneys have worked on securities cases relating to nearly all industries and sectors in the financial markets, including, energy, consumer discretionary, consumer staples, real estate and REITs, financial, insurance, information technology, health care, biotech, cryptocurrency, medical devices, and many more. GPM's past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron's, Investor's Business Daily, Forbes, and Money.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211123005516/en/

SOURCE: Glancy Prongay & Murray LLP

Glancy Prongay & Murray LLP, Los Angeles
Charles H. Linehan, 310-201-9150 or 888-773-9224
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
www.glancylaw.com 
shareholders@glancylaw.com
comtex tracking

COMTEX_397554138/1006/2021-11-23T14:00:00

Earnings Calendar and Events Data provided by |Terms of Use| © 2022 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., ,, and

Copyright © 2022. All rights reserved.