China Nonferrous Gold Limited (DI) (CNG)

Sector:

Mining

 1.30p
   
  • Closing Price Chg:
      0.000p
  • 52 Week High: 3.39
  • 52 Week Low: 0.48
  • Currency: UK Pounds
  • Shares Issued: 382.39m
  • Volume: 0
  • Market Cap: £4.97m
  • RiskGrade: 64

Kryso Resources shares fall on delays at Tajikistan gold mine

Date: Monday 18 Feb 2013

LONDON (ShareCast) - Kryso Resources shares plunged on Monday after the mineral exploration company reported delays in its Pakrut gold project in Tajikistan.

The construction of the underground mine and associated infrastructure at Pakrut was halted. It will no longer meet the schedule to be completed by March 2014.

“Construction operations at Pakrut, which are in their early stages, are ongoing but delays have been experienced,” the group said.

“The company retains full confidence in the project construction and potential and will advise a new target date for the completion of construction and commencement of gold production at Pakrut in due course.”

Broker view

Commenting on the update, Investec stated: "We had only assumed production from the second half of 2014 so our analyst sees no reason to make any changes to our assumptions until advsied otherwise."

Shares were down 6.91% to 32p at 12:25 on Monday.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CNG Market Data

Currency UK Pounds
Share Price 1.30p
Closing Price Change 0.000p
% Change 0.00 %
52 Week High 3.39
52 Week Low 0.48
Volume 0
Shares Issued 382.39m
Market Cap £4.97m
RiskGrade 64

CNG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
24.85% below the market average24.85% below the market average24.85% below the market average24.85% below the market average24.85% below the market average
55.22% below the sector average55.22% below the sector average55.22% below the sector average55.22% below the sector average55.22% below the sector average
Value
24.85% below the market average24.85% below the market average24.85% below the market average24.85% below the market average24.85% below the market average
55.22% below the sector average55.22% below the sector average55.22% below the sector average55.22% below the sector average55.22% below the sector average
Income Not Available
Growth
29.72% below the market average29.72% below the market average29.72% below the market average29.72% below the market average29.72% below the market average
19.35% below the sector average19.35% below the sector average19.35% below the sector average19.35% below the sector average19.35% below the sector average

CNG Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

CNG Key Personnel

Chair Yu Lixian
Finance Director Wang Xiaohua

Top of Page