CNMC Goldmine

Results

CNMC sees 3Q earnings fall 3.6% to $1.8 mil on lower revenue and higher costs from stop-work order

SINGAPORE (Nov 7): CNMC Goldmine has posted earnings of $1.76 million for the quarter, 3.6% lower than $1.83 million a year ago due to lower revenue as well as higher production costs from a stop-work order it received from authorities in Kelantan in July

Market Close

STI closes 0.14% lower at 2,805.52

SINGAPORE (Sept 25): Singapore stocks closed lower on Thursday, falling for the fourth consecutive session amid increased volatility in the global markets this week.

Market Close

STI closes 0.7% higher at 2,869.57

SINGAPORE (Aug 24): Singapore stocks closed higher on Wednesday, thanks largely to banks and offshore marine counters.
CNMC Goldmine

Broker's Calls

CNMC Goldmine kept at ‘overweight’ by NRA Capital on new mine deal

SINGAPORE (June 30): NRA Capital has maintained its “overweight” rating on CNMC Goldmine, with a target price of 43 cents.

CNMC in talks to acquire 51% stake in Kelantan miner Pulai Mining

SINGAPORE (June 28): CNMC Goldmine Holdings has signed a non-binding letter of intent to acquire a 51% stake in a Malaysian mineral miner Pulai Mining.

Broker's Calls

Go for CNMC Goldmine: KGI Fraser

SINGAPORE (June 21): KGI Fraser Securities has initiated coverage on Malaysian low-cost gold producer CNMC Goldmine at a “strong buy” with a target price of 48 cents.
CNMC Gokldmine logo

Broker's Calls

CNMC Goldmine kept at ‘overweight’ with 43 cents target price by NRA Capital

SINGAPORE (May 16): NRA Capital has kept its “overweight” call on CNMC Goldmine Holdings but with higher target price of 43 cents, up by 0.5 cents, following the company’s 1Q earnings announced recently which exceeded expectations.
CNMC Goldmine logo

CNMC Goldmine more than doubles 1Q earnings

SINGAPORE (May 10): CNMC Goldmine Holdings said net profits for the first quarter ended March more than doubled from the same period last year as it sold more gold and brought down production costs to an all-time low.
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