Uranium trader CGN Mining hits 6-mth high on strong earnings forecast

CGN Mining Co

11/03/2019 03:13

** Shares of CGN Mining Co Ltd  1164.HK  rise as much as
24.2 pct to HK$0.385, highest since Sept 28, 2018, after the
trader of natural uranium forecast strong growth in 2018
earnings
    ** Co expects significant increase in 2018 net profit from
previous year thanks to higher natural uranium prices
 urn:newsml:reuters.com:*:nFWN20V06W
    ** As of last close, the stock has risen 29.2 pct so far
this year
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
gains 0.8 pct; the benchmark index  .HSI  climbs 0.7 pct

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)