Catalist:5TPMetals and Mining
CNMC Goldmine Holdings (Catalist:5TP) Stock Margins Shine Despite Sokor Disclosure Gaps
CNMC Goldmine Holdings stock closed at SGD1.44 on Friday after a strong run over the past month, yet the real story sits inside the earnings line. The latest half year numbers keep the focus squarely on profit quality. Net income of US$18.57 million and basic earnings per share of US$0.0458 feed into a trailing 12 month net margin of 32%, which is high for a miner with a single suite of gold and base metal assets.
The headline is clear. This is an earnings release about margins and...