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CGN Mining Co Announces Key Agreements to Strengthen Uranium Operations

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CGN Mining Co Announces Key Agreements to Strengthen Uranium Operations

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An update from CGN Mining Co ( (HK:1164) ) is now available.

CGN Mining Co has announced an extraordinary general meeting to approve several key agreements, including a New Sales Framework Agreement with CGNPC Uranium Resources Co., Ltd, and a New Financial Services Framework Agreement with CGN Finance Co., Ltd and CGNPC Huasheng Investment Limited. These agreements, which involve significant financial transactions and strategic partnerships, are expected to enhance the company’s operational capabilities and financial stability, potentially strengthening its position in the uranium market.

The most recent analyst rating on (HK:1164) stock is a Buy with a HK$2.36 price target. To see the full list of analyst forecasts on CGN Mining Co stock, see the HK:1164 Stock Forecast page.

More about CGN Mining Co

CGN Mining Co is a company incorporated in the Cayman Islands, operating primarily in the mining industry with a focus on uranium resources. It engages in the exploration, development, and trading of natural uranium, catering to the energy sector and contributing to the global nuclear fuel supply chain.

Average Trading Volume: 115,037,881

Technical Sentiment Signal: Buy

Current Market Cap: HK$16.8B

See more insights into 1164 stock on TipRanks’ Stock Analysis page.

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