CNMC Goldmine - Phillip Securities 2025-10-03: Marco Tailwind Continues To Support PATMI

• Despite the rally of ~360% year-to-date, CNMC Goldmine's share price is trading at FY25e P/E of 10.5x, still well below the industry average of 24x (Zijin Gold International FY25e P/E: 32x).
• - Read this at SGinvestors.io -

Updates

We forecast average prices of US$ 3,500/oz in 2025 and US$ 3,600/oz in FY26e.

• We forecast average prices of US$ 3,500/oz in 2025 (+42% y-o-y) and US$ 3,600/oz in FY26e (+16.6% vs the previous forecast), underpinned by continued central bank purchases (particularly from emerging economies) and safe-haven demand amid economic uncertainties surrounding interest rates and the US fiscal outlook.
• - Read this at SGinvestors.io -

We foresee 2H25 gold production exceeding 1H25 levels.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Previous report by Phillip:
2025-08-15 CNMC Goldmine - Record Profit With 1.1 cents Special Dividend.

Price targets by other brokers at CNMC Goldmine Target Prices.

Listing of research reports at CNMC Goldmine Analyst Reports.

Relevant links:
CNMC Goldmine Share Price History,
CNMC Goldmine Announcements,
CNMC Goldmine Dividend Payout Dates & Corporate Actions,
CNMC Goldmine News