Latest Forum Topics /
CNMC Goldmine
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Goldminer
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ozone2002
Supreme |
14-Mar-2025 13:38
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Last:0.32        +0.015Took about a month to hit target price
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Rightstock
Veteran |
14-Mar-2025 09:20
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Majority of th global gold miners are trading at PE of 15 to 30 whereas CNMC is trading at only 10 times. It is already discounted by investors and traders. Yes there are talks of merge and aquisition of glold miners around the world. Hope CNMC is also a target. 
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prophetjul
Master |
14-Mar-2025 07:57
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It' s a very small obscure company in comparison to those listed in US. Unless someone takes it over, you won' t see astonomical rise in price like the global gold miners. 
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Catrade
Master |
14-Mar-2025 06:34
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Gold prices surged over 1% to exceed $2,980 an ounce on Thursday, hitting fresh record highs as risk aversion and bets on monetary policy easing by the Federal Reserve intensified. Escalating trade tensions fueled the flight to safety, with US President Trump threatening a 200% tariff on wine and other alcoholic beverages from the EU in response to the bloc&rsquo s newly announced tarriffs on US whiskey. Geopolitical concerns also weighed on sentiment, as Russia signaled its refusal to the 30-day ceasefire accepted by Ukraine and backed by the US. Meanwhile, recent PPI and CPI showed that price pressures were easing in February, giving Fed more room to cut rates and boosting the gold appeal. |
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Rightstock
Veteran |
13-Mar-2025 11:06
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Gold is near record high. Gold mining stocks around the world are also near record high or at record high. But CNMC is under performing in term of share price although the PE ratio is low as compared with the global peers. We just have to be patient and wait for CNMC to wake up.
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Catrade
Master |
13-Mar-2025 10:28
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Catrade
Master |
13-Mar-2025 10:22
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Gold rose to around $2,940 per ounce on Thursday, approaching record levels, as escalating global trade tensions continued to fuel safe-haven demand. On Wednesday, President Donald Trump warned of additional tariffs on EU goods after the EU and Canada retaliated against existing US trade barriers. Commerce Secretary Howard Lutnick also said that Trump would impose trade protections on copper as well. Meanwhile, both headline and core US inflation came in below expectations, reassuring investors about disinflation progress and giving the Federal Reserve more flexibility for a less restrictive stance. However, the impact of tariffs has yet to materialize, and inflation could rise again in the coming months. |
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Catrade
Master |
06-Mar-2025 14:49
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https://tradingeconomics.com/commodity/gold
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Catrade
Master |
04-Mar-2025 08:54
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https://tradingeconomics.com/commodity/gold
Gold rose to $2,890 per ounce on Monday, as concerns over U.S. President Donald Trump's tariff policies prompted safe-haven flows into bullion. Trump's proposed tariffs on Mexican and Canadian goods, set to take effect on March 4, alongside an additional 10% duty on Chinese goods, have fueled concerns over potential retaliatory measures and broader trade tensions. The inflationary impact of these actions also supports gold, which is often seen as a hedge against rising prices. Adding to its appeal, the U.S. dollar retreated from a two-week high, making the metal less expensive for other currency holders. Moreover, the resurgence of fears about the health of the U.S. economy have boosted market expectations for Federal Reserve interest rate cuts, increasing bullion?s allure as a non-yielding asset. |
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Catrade
Master |
25-Feb-2025 08:53
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Gold is breaking another record high at US$2,949 /oz. With many central banks buying up gold, suspect somethings good is coming for this safe-haven commodity. | ||||
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Catrade
Master |
24-Feb-2025 19:55
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With Gold continues to break record after record, it a very good investment while collect good dividend every half yearly.
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shk363
Elite |
24-Feb-2025 18:28
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buy on dip | ||||
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KenMcGormick
Member |
24-Feb-2025 17:53
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Good results are already expected and priced in as gold price is already trending up. At this price, I'll just take my dividends and hold since my entry price was 19.1 before the Ukraine war happened 3 years back.
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prophetjul
Master |
24-Feb-2025 17:18
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Dividend is somewhat disappointing in spite of great earnings.
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Eagle88
Supreme |
24-Feb-2025 15:53
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Price drops with very good results !!! What happened???
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KenMcGormick
Member |
24-Feb-2025 12:12
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Results is decent. All the costs are still in check. Only surprise is the key management remuneration increased almost double Y-O-Y. So end up profit margin wasn't as good as expected. | ||||
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Rightstock
Veteran |
24-Feb-2025 07:04
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CNMC reported a very good set of financial results for 2024. Full year net profit S$13.2m up 140% Dividend for second half 0.4c plus special dividend 0.6c. Total 1.0c Total dividend for 2024 1.4c. On 2025 outlook &ldquo We are going full steam ahead to scale up production as we want to take full advantage of the run-up in gold prices. Our base metals operation is also making good progress. Overall, we are cautiously optimistic about the foreseeable future and hope to do even better this year,&rdquo said Mr Chris Lim, CNMC Goldmine&rsquo s CEO.  
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alexvar
Senior |
24-Feb-2025 06:34
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nice dividend!
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spursfan
Supreme |
24-Feb-2025 00:59
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1ct dividend (final 0.4 +special dividend 0 6) Eps 3.24 cts Since already up around 6c after profit guidance likely will consolidate around current price Fy 24 results Soaring gold prices drive CNMC Goldmine?s FY2024 earnings to 9-year high of US$9.8 million https://links.sgx.com/1.0.0/corporate-announcements/Z25SS472CIQQQZTH/833935_CNMC_FY2024_PressRelease.pdf |
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Rightstock
Veteran |
23-Feb-2025 20:43
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CNMC Goldmine 2024 financial results will be released on Monday 24 February 2025. Gold price is now at USD2,935 per ounce and near record high. Tomorrow CNMC will report their second half 2024 results. With a low production cost of around USD1,250 per ounce and forecast selling price of around USD2,600 per ounce in the second half of 2024, CNMC may report a higher profit than the first half profit of $5,95m. Dividend will also be higher than the first half. Lim and Tan has a target price of $0.43   |
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