On August 21, CHINAGOLDINTL rose 3.08% in regular trading, trading at 254.4 HKD/share, with turnover of approximately 73.48 million HKD. The stock extended its uptrend as the gold sector continued to strengthen, combined with multiple fundamental catalysts that have been building momentum since mid-August.

The company reported record first-half results on August 14, with revenue of $914 million (up 58% YoY) and net profit attributable to shareholders of approximately $507 million (up 153% YoY), driven primarily by copper average realized prices surging 73% to $4.66/lb. Additionally, the Chang Shan Hao Gold Mine slope remediation plan has been approved, with normal mining operations expected to resume by end of September. The company also commissioned SRK Consulting for an NI 43-101 feasibility study on underground development at Chang Shan Hao, and approved an expansion plan targeting daily processing capacity of approximately 160,000 tonnes at the Jiama mine.

Within the Gold sector, peers also posted gains: SD GOLD up 5.46%, CHIFENG GOLD up 5.93%, LINGBAO GOLD up 4.62%, ZIJIN GOLD INTL up 3.3%, and ZHAOJIN MINING up 0.32%.

(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.)