Sheng Siong
AG Return Rate$CNMC Goldmine(5TP.SG)
💰 CNMC Goldmine (5TP) is delivering elite-tier performance for 2026.
Fundamentally, the company just reported a 4.9x surge in profit after tax to US52.2M, driven by a 65.4% jump in gold production and a 7.8% drop in all-in sustaining costs.
💵 Management has rewarded shareholders with a record total dividend of S0.05 per share, including a 2.7 cent special dividend pending AGM approval in April.
Technically, the stock is showing high-volume resilience at the S1.94 level after hitting a 52-week high of S2.12 two days ago. With a confirmed MACD buy signal and PhillipCapital’s raised target of S$2.34, I see significant room for continued capital appreciation as the second Sokor facility nears its 1H 2026 completion.
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