tiprankstipranks
Trending News
More News >

CGN Mining Co. Surpasses Q1 Uranium Production Targets, Reports Strong Trading Activity

Story Highlights
CGN Mining Co. Surpasses Q1 Uranium Production Targets, Reports Strong Trading Activity

CGN Mining Co ( (HK:1164) ) just unveiled an announcement.

In the first quarter of 2025, CGN Mining Co. exceeded its natural uranium production targets, achieving a 110.7% completion rate, with significant contributions from its Kazakhstan-based joint ventures, Semizbay-U and Ortalyk. The company also reported holding substantial uranium inventory and entered new contracts for procurement and sales, indicating robust trading activity. However, the data is preliminary and subject to change, and stakeholders are cautioned about potential risks due to external factors.

More about CGN Mining Co

CGN Mining Company Limited, incorporated in the Cayman Islands, operates in the natural uranium production and trading industry. The company, along with its subsidiaries, focuses on uranium mining and trading, with significant operations in Kazakhstan through joint ventures and associates.

YTD Price Performance: -16.67%

Average Trading Volume: 15,284

Technical Sentiment Signal: Hold

Current Market Cap: $1.32B

For an in-depth examination of 1164 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App