On August 26, CGN MINING rose 5.55% in regular trading, trading at HK$3.025/share, with turnover of HK$26.15 million.

The stock advanced ahead of the company's board meeting scheduled for August 27 to review and approve interim results for the six months ended June 30 and to consider declaring an interim dividend. Industry-level tailwinds further supported sentiment, including the State Council's recent approval of 8 new nuclear power units, Bank of America raising its uranium price target to US$130 per pound, and physical uranium investment funds continuing to accumulate holdings.

Operationally, the company reported Q2 natural uranium production of 667.8tU, achieving a 103.3% plan completion rate. CMBI maintained a \"Buy\" rating with a target price of HK$3.37, citing near-term positive catalysts including resilient spot uranium prices and expectations that Kazatomprom's sulfuric acid plant commissioning in early 2027 will help reduce input costs. The company previously flagged that H1 trading gross profit may face pressure from weighted average inventory costs exceeding contract selling prices, though full-year business plans remain on track.

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