CNMC Goldmine

SINGAPORE (May 16): NRA Capital has kept its “overweight” call on CNMC Goldmine Holdings but with higher target price of 43 cents, up by 0.5 cents, following the company’s 1Q earnings announced recently which exceeded expectations.

SINGAPORE (May 10): CNMC Goldmine Holdings said net profits for the first quarter ended March more than doubled from the same period last year as it sold more gold and brought down production costs to an all-time low.