$CNMC Goldmine(5TP.SI)$ 2 Target Price.
CNMC Exponential Growth Catalysts:
- Global trade caused by U.S tariff rates and geopolitics tension in U.S states, Iran-Israel and Russia-Ukraine, rising U.S debt and currency depreciation,create safe haven for physcial GOLD investment. The rising GOLD prices extend it's bullish rallies to gold mining stock, like CNMC Goldmine.
- Rising Gold Price: The company's performance is closely tied to gold prices, which are expected to remain elevated due to central bank physical GOLDpurchases, U.S monetary easing, geopolitical struggle for precious-metals resources, scarcity of gold ores discovery.
- Production Expansion: CNMC Goldmine's carbon-in-leach (CIL) plant expansion has increased daily processing capacity to 800 tonnes, supporting higher output potential.
- Earnings Growth: Analysts forecast strong earnings growth, with a 40% increase in Year-2025 PATMI to US$40.3 million.
*Analyst Price Target for CNMC:*
- Phillip Securities has a BUY rating with a target price of S$1.8.
- SAC Capital expects the share price to reach S$2 by Q1-2026.
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- GordonLee66·10:46Bro, fully support your $2 target. FYI, I have Q GTC to exit all my holdings at $1.98. If it is done, I buy you coffee hor 😁.LikeReport