Sokor

SINGAPORE (Aug 14): CNMC Goldmine Holdings posted a 90% on-year decline in earnings to US$0.5 million ($0.7 million) for the second quarter ended June, versus earnings of US$4.7 billion a year ago on lower revenue.

SINGAPORE (Sept 15): Phillip Securities is initiating coverage on CNMC Goldmine Holdings, the first goldminer to be listed on SGX’s Catalist board in 2011, with a “buy” rating and a target price of $1.03.

SINGAPORE (July 27): NRA Capital is maintaining its “overweight” rating on CNMC Goldmine at a fair value of 43 cents, with the sentiment that its recent stop-work order incident will have limited impact on the company’s 3Q performance.

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.