CNMC Goldmine Holdings

Gold

CNMC Goldmine to strike while the iron is hot

SINGAPORE (Nov 25): On the whole, Catalist-listed CNMC Goldmine Holdings, which operates three mines in Malaysia, has benefited from higher gold prices.

Results

CNMC Goldmine 3Q19 earnings surge to $2.7 mil on higher gold prices

SINGAPORE (Nov 12): CNMC Goldmine Holdings reported earnings of US$2.0 million ($2.7 million) for 3Q19 ended September – an eight-fold increase from the US$235,611 profits posted in the previous ye

Results

CNMC Goldmine reports lower 4Q earnings of US$1.25 mil

SINGAPORE (Feb 27): CNMC Goldmine Holdings reported earnings of US$1.25 million in 4Q18, compared with US$1.29 million in 4Q17 after accounting for unrealised foreign-exchange loss, expenses for it

Update

CNMC Goldmine's dual listing plans rejected by Hong Kong Stock Exchange

SINGAPORE (Dec 24): CNMC Goldmine Holdings says plans for a dual primary listing in Hong Kong has been rejected by the Mainboard of the Hong Kong Stock Exchange (HKSE).  

Broker's Calls

CNMC Goldmine restarted at 'buy' as worst is over

SINGAPORE (July 3): KGI Securities Research is re-initiating coverage on CNMC Goldmine Holdings with a “buy” call and a target price of 38 cents, representing an upside of close to 40% from its las

Broker's Calls

CNMC Goldmine upgraded to 'buy' on expected production turnaround

SINGAPORE (May 17): Phillip Capital has upgraded CNMC Goldmine Holdings to “buy” with a higher target price of 42 cents on expectations of a strong rebound for its production and earnings this year

'Business is as usual' for CNMC, says CEO Chris Lim, after Pakatan Harapan forms Federal government

SINGAPORE (May 16): CNMC Goldmine Holdings, which has three mining concessions in Kelantan, appears to be unaffected by the recent outcome of the general elections held in Malaysia.

Broker's Calls

NRA keeps CNMC Goldmine at 'overweight' on new plant, higher output

SINGAPORE (Mar 7): NRA Capital is reiterating its “overweight” rating on CNMC Goldmine with a lower fair value of 37.5 cents on expectations that processing of previously untapped primary ore will

Broker's Calls

CNMC Goldmine upgraded to 'accumulate' ahead of potential turnaround this year

SINGAPORE (Feb 28): Phillip Capital is upgrading its call on CNMC Goldmine Holdings to “accumulate” with an unchanged target price of 30 cents ahead of a potential turnaround this year.

Results

CNMC Goldmine swings back to profitability with 4Q earnings of US$1.3 mil

SINGAPORE (Feb 26): CNMC Goldmine Holdings reversed out of the red in the 4Q ended December with earnings of US$1.3 million ($1.7 million), compared to a loss of US$1.9 million in the corresponding

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