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

China Nonferrous Gold pleased with production at Pakrut

By Josh White

Date: Monday 24 Feb 2020

LONDON (ShareCast) - (Sharecast News) - Mineral exploration and mining company China Nonferrous Gold, which is currently mining the Pakrut gold project in Tajikistan, released its annual gold production from Pakrut for 2019 on Monday.
The AIM-traded firm said it made "significant achievements" in the year, claiming to have become an "important gold production enterprise" in Tajikistan.

Pakrut achieved its internal production targets for 2019, the board confirmed, explaining that from 1 January to 31 December, a total of 731,600 tons of ore was extracted from the mine.

A total of 690,300 tons of ore was processed, above the company's original internal estimate for 660,000 tons per year, and 37,552.02 ounces of gold ingots were poured, with an average grade of 99.97%.

"The company intends to implement a further efficiency plan to improve the production capacity and reduce costs," the China Nonferrous Gold board said in its statement.

"Further updates will be made as appropriate."

At 0954 GMT, shares in China Nonferrous Gold were up 15.4% at 12.52p.

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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
23.47% below the market average23.47% below the market average23.47% below the market average23.47% below the market average23.47% below the market average
49.62% below the sector average49.62% below the sector average49.62% below the sector average49.62% below the sector average49.62% below the sector average
Value
23.47% below the market average23.47% below the market average23.47% below the market average23.47% below the market average23.47% below the market average
49.62% below the sector average49.62% below the sector average49.62% below the sector average49.62% below the sector average49.62% below the sector average
Income Not Available
Growth
29.93% below the market average29.93% below the market average29.93% below the market average29.93% below the market average29.93% below the market average
18.75% below the sector average18.75% below the sector average18.75% below the sector average18.75% below the sector average18.75% 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

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