Rodman & Renshaw maintained its China GengSheng Minerals CHGS Market Perform rating, after the company's announcement of a new CEO appointment, in a research report published today.
In the report, Rodman & Renshaw states, "We are certainly encouraged by this announcement as the company, which hasn't had a permanent CFO for quite some time, really has an urgent need for an “official” CFO."
Shares of China GengSheng Minerals were trading at $1.79 at the time of posting, down 7.25% from Wednesday's market close.
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