On August 17, CHINAGOLDINTL rose 4.66% in regular trading, trading at 224.4 HKD/share, with turnover of approximately 27.97 million HKD.
The rally was driven by the company's interim results released on August 14, which significantly beat market expectations. For the first half, sales revenue reached $914 million, up 58% year-over-year, while profit attributable to shareholders surged 153.31% to approximately $507 million — both marking all-time highs. Second-quarter revenue alone came in at $461 million, up 50% YoY, with net profit of $275.8 million, more than doubling from the prior year. Copper average realized price rose 73% to $4.66 per pound, serving as the core earnings driver. Additionally, management approved the next-phase development plan for the Jiama mine, targeting daily processing capacity of approximately 160,000 tonnes.
Within the Gold sector, the overall sector strengthened broadly. Among individual stocks, LINGBAO GOLD up 4.58%, SD GOLD up 3.46%, ZIJIN GOLD INTL up 3.22%, ZHAOJIN MINING up 3.0%, CHIFENG GOLD up 2.7%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
