CGN Mining Slightly Exceeds 2025 Uranium Production Plan and Maintains Active Trading Book
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CGN Mining Co (HK:1164) announced that its Kazakhstan joint ventures exceeded their 2025 uranium production targets, achieving 2,699 tonnes of uranium. The fourth-quarter output was 702.5 tonnes, with a trading inventory of 929 tonnes at an average cost of US$73.83 per pound. The company has 3,019 tonnes under contracted sales at an average price of US$81.59 per pound. Analysts rate the stock as a Buy with a price target of HK$3.67. CGN Mining focuses on uranium production and trading, participating in the global nuclear fuel market.
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