China Gold International Resources (TSE:CGG) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
China Gold International Resources reported a staggering 309% increase in revenue for Q3 2024, reaching $254.6 million, with a turnaround from a net loss to a net profit of $27.9 million compared to the same period in 2023. Total gold production surged by 51%, while copper production also made a significant contribution, having none in the previous year. These results highlight the company’s robust performance and potential growth in the mining sector.
For further insights into TSE:CGG stock, check out TipRanks’ Stock Analysis page.