crashgamepass| CGNPC Mining rose more than 5% in early trading and its intraday share price hit a new high

2024-05-20

crashgamepass| CGNPC Mining rose more than 5% in early trading and its intraday share price hit a new high

CGNPC Mining (01164) rose more than 7% in early tradingcrashgamepass, Gao Jian 2crashgamepass.84 HKDcrashgamepass, hit a new high for listing. As of press time, shares rose 5.5 percentcrashgamepass.30%, currently quoted at HK$2.78, with a turnover of HK$45.35384 million.

Essence International pointed out that at the beginning of 2024, natural uranium prices continued their 23-year upward trend and once exceeded the price of US$100/pound. Subsequently, uranium prices fell slightly due to the announcement of production of several uranium mines such as Langer Heinrich and McClean Lake. Although many uranium mines have announced the resumption of production, it is difficult to produce in the short term; in the long run, combined with the accelerated development of global nuclear power and the triple nuclear power declaration, the supply and demand relationship of natural uranium will still be tense.