Huatai Securities Keeps Their Buy Rating on CGN Mining Co (CGNMF)

In a report released yesterday, from Huatai Securities maintained a Buy rating on CGN Mining Co, with a price target of HK$3.70.

Currently, the analyst consensus on CGN Mining Co is a Strong Buy with an average price target of HK$3.92.

Based on CGN Mining Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$5.16 billion and a net profit of HK$520.33 million. In comparison, last year the company earned a revenue of HK$4.55 billion and had a net profit of HK$228.86 million