Stock Track | CHINAGOLDINTL Soars 17.20% on Strong Q3 Results and New CEO Appointment

Stock Track11-15

Shares of CHINAGOLDINTL (02099) soared 17.20% on Friday, outperforming the broader market, as the mining company reported impressive third-quarter financial results and announced a leadership change.

The rally came after CHINAGOLDINTL posted a net profit of $27.9 million for the third quarter, a significant turnaround from the net loss of $30.8 million in the same period last year. Revenue surged 309% year-over-year to $254.6 million, driven by a 51% increase in gold production to 50,160 ounces.

Additionally, the company appointed Chenguang Hou as its new Chairman and Chief Executive Officer, effective Friday. Hou has extensive experience in management roles within the mining industry, which could bode well for the company's future operations and strategic direction.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1142872746?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-15 14:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1142872746","market":"us","top_or_hot":-1,"title":"Stock Track | CHINAGOLDINTL Soars 17.20% on Strong Q3 Results and New CEO Appointment","media":"Stock Track","content":"<p>Shares of CHINAGOLDINTL (02099) soared 17.20% on Friday, outperforming the broader market, as the mining company reported impressive third-quarter financial results and announced a leadership change.</p>\n\n<p>The rally came after CHINAGOLDINTL posted a net profit of $27.9 million for the third quarter, a significant turnaround from the net loss of $30.8 million in the same period last year. Revenue surged 309% year-over-year to $254.6 million, driven by a 51% increase in gold production to 50,160 ounces.</p>\n\n<p>Additionally, the company appointed Chenguang Hou as its new Chairman and Chief Executive Officer, effective Friday. Hou has extensive experience in management roles within the mining industry, which could bode well for the company's future operations and strategic direction.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | CHINAGOLDINTL Soars 17.20% on Strong Q3 Results and New CEO Appointment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | CHINAGOLDINTL Soars 17.20% on Strong Q3 Results and New CEO Appointment\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-15 14:51 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of CHINAGOLDINTL (02099) soared 17.20% on Friday, outperforming the broader market, as the mining company reported impressive third-quarter financial results and announced a leadership change.\n...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02099","symbol_name":"中国黄金国际","start_time":0,"source_url":"","article_id":"1142872746","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1142872746","pubTimestamp":1731653472,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of CHINAGOLDINTL  soared 17.20% on Friday, outperforming the broader market, as the mining company reported impressive third-quarter financial results and announced a leadership change.The rally came after CHINAGOLDINTL posted a net profit of $27.9 million for the third quarter, a significant turnaround from the net loss of $30.8 million in the same period last year. Revenue surged 309% year-over-year to $254.6 million, driven by a 51% increase in gold production to 50,160 ounces.Addition","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02099":"中国黄金国际"},"translate_title":"股票赛道CHINAGOLDINTL因强劲的第三季度业绩和新首席执行官任命而飙升17.20%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02099":1},"content_text":"Shares of CHINAGOLDINTL (02099) soared 17.20% on Friday, outperforming the broader market, as the mining company reported impressive third-quarter financial results and announced a leadership change.\nThe rally came after CHINAGOLDINTL posted a net profit of $27.9 million for the third quarter, a significant turnaround from the net loss of $30.8 million in the same period last year. Revenue surged 309% year-over-year to $254.6 million, driven by a 51% increase in gold production to 50,160 ounces.\nAdditionally, the company appointed Chenguang Hou as its new Chairman and Chief Executive Officer, effective Friday. Hou has extensive experience in management roles within the mining industry, which could bode well for the company's future operations and strategic direction.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1142872746"}