Movement Alert｜CMOC Falls 3.06% in Regular Trading, Earnings Release Nears as Diversified Metals & Mining Stays Under Pressure

Market Focus10-23

On October 23, CMOC fell 3.06% in regular trading, trading at HK$12.37, with turnover of HK$60.024 million.

The move came as the company approached its third-quarter earnings release, while the broader diversified metals and mining segment remained under pressure, weighing on share performance.

Recent company disclosures show the board planned to review results for the first nine months on October 23, with the third-quarter report scheduled for October 24 and an earnings briefing set for October 27. CMOC also previously said the KFM Phase II project in the Democratic Republic of the Congo is progressing on schedule for planned start-up in 2027, while current cobalt products are mainly crude cobalt hydroxide and exports are arranged strictly under quota. Sector weakness was also evident in peers, with Zijin Mining, Wanguo Gold GP, MMG and Lygend Resource all declining.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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