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CNMC share price could double in a year: PhillipCapital

Published Thu, Sep 15, 2016 · 09:50 PM

Singapore

CNMC Goldmine Holdings' share price, which has soared 184 per cent so far this year, could double in a year, according to a local brokerage.

Shares in the Malaysian gold producer could reach S$1.03, said PhillipCapital analyst Chen Guangzhi in a report on Thursday where he initiated coverage on the company. The stock closed the day one cent higher at S$0.525.

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Companies & Markets

CNMC share price could double in a year: PhillipCapital

KEYWORDS IN THIS ARTICLE

Companies & Markets

Porsche posts Q1 profit drop on ramp-up costs

IBM plots US$730 million expansion of Canadian semiconductor site

Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early

Yeo Guat Kwang, John Chen retiring from corporate boards

US: Wall St opens higher

Air China orders homegrown C919s in challenge to jet duopoly

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