CNMC Goldmine

HOT STOCK

CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia

After falling as much as 7.3%, the stock recovers to close S$0.02 lower

Seatrium has reached an agreement with a buyer, Maersk Offshore Wind’s affiliate Phoenix II, for it to pay the balance of its contract price upon delivery of a vessel.

Stocks to watch: Seatrium, CNMC Goldmine, Singapore Paincare

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 22):

The notices are not expected to have a material adverse impact on the group’s going concern or operational viability.

CNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit

The notices were raised in relation to the disallowance of management fee expenses paid by the subsidiary to the gold-mining company

The overnight gold rout could be a “warning signal for assets that have run up too much too fast, even if the fundamentals are favourable”, notes DBS senior rates strategist Eugene Leow.
HOT STOCK

Gold plunge knocks CNMC Goldmine off pedestal after 400% gain

Shares of the gold mining company fall 5% to close at S$1.15

Many analysts believe that the outlook for gold remains favourable. But some caution that the metal faces potential further downside, should daily closing prices fall beneath key support levels.

Is gold losing its shine? What bullion’s plunge could signal, according to analysts

The precious metal was up 60% this year till recently, outstripping Bitcoin and the Magnificent Seven stocks

CNMC Goldmine primarily explores, mines and processes gold with a focus on its Sokor Gold Field Project in Kelantan, Malaysia.

This SGX-listed stock is up over 400% this year on the gold rush. Where will it go from here?

While CNMC Goldmine could fall back down in the near term, it may soar to S$1.78 by Q2 2026

The price of gold has surged to record highs this week of more than US$3,600 per ounce.
HOCK LOCK SIEW

Will CNMC Goldmine continue to shine? 

There are sharply divergent views on the direction of gold prices; meanwhile, gold mining stocks are now performing better than the precious yellow metal

CNMC Goldmine Holdings' flagship Sokor project in Malaysia’s Kelantan state. The group in August this year had reported a record net profit of US$15.8 million for its H1 ended Jun 30, 2025.
HOT STOCK

CNMC shares strike gold at new high of S$0.765 as yellow metal surges again

This comes on the back of gold prices’ steady rise in recent times, following a season of market volatility

In the year to date, CNMC Goldmine's share price has risen 163.3% or S$0.40 from S$0.245, its closing price on the last trading day of 2024.
HOT STOCK

Investors chase CNMC Goldmine to new high on record profit, trebled dividend

The company’s S$0.015 per share dividend reflects a payout ratio of nearly 29% of its H1 earnings

Over the past two years, CNMC has reported a steep rise in revenue and earnings, fuelled by capacity expansion and firm metals prices.
HOT STOCK

CNMC Goldmine shares spike 7% as gold hits record high

The company operates a 10 sq km gold field in the Malaysian state of Kelantan