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CGN Mining Co ( (HK:1164) ) has issued an update.
CGN Mining Co reported a significant decline in its financial performance for the first half of 2025, with revenue dropping by approximately 58% to HK$1,709 million compared to the same period in 2024. The company also experienced a loss of HK$68 million, a stark contrast to the profit of HK$113 million in the previous year, leading to a basic loss per share of HK0.89 cents. The board decided not to distribute an interim dividend, reflecting the challenging financial environment.
The most recent analyst rating on (HK:1164) stock is a Buy with a HK$2.42 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 in the mining industry. It focuses on the extraction and sale of mineral resources, with a significant presence in the Hong Kong stock market.
Average Trading Volume: 107,978,382
Technical Sentiment Signal: Buy
Current Market Cap: HK$20.14B
Learn more about 1164 stock on TipRanks’ Stock Analysis page.