China Gold's Hong Kong shares hit 19-month high on Q3 profit

China Gold International Resources

15/11/2024 03:41

** Hong Kong shares of China Gold International Resources
Corp  2099.HK  jump 12.6% to HK$35.35, their highest since April
2023
    ** Stock on course to snap five straight sessions of
decline; top pct gainer in Hong Kong's material index  .HSCIM ,
which is up 2.5%
        ** Canada-based gold and base metal mining group posted 
    Q3
     net profit of $27.9 mln from net loss of $30.8 mln a year
ago, with revenue up 309% Y/Y to $254.6 mln and total gold
production up 51% Y/Y to 50,160 ounces
  
    ** Hang Seng Commerce & Industry Index  .HSNC  climbs 0.6%
and Hang Seng Index  .HSI  gains 0.5%
    ** Hong Kong-listed stock down 5.9% YTD

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))