CGN MINING(01164) 智通财经网·2025-03-24 07:02Group 1 - The core viewpoint of the news is that CGN Mining (01164) experienced a decline of over 4% due to one-time factors affecting its net profit, while short-term momentum for uranium prices is lacking [1] - CGN Mining reported a revenue of approximately HKD 8.624 billion for 2024, representing a year-on-year increase of 17.18% [1] - The profit attributable to the company's owners for the year was approximately HKD 342 million, a decrease of 31.2% compared to the previous year, primarily due to the accrual of dividend withholding tax and losses from the termination of Fission's operations [1] Group 2 - Huatai Securities noted that while short-term momentum for natural uranium prices is lacking, the medium to long-term outlook remains positive due to supply-demand gaps that could drive uranium prices upward [1] - The current strong financial attributes of natural uranium spot prices may lead to a rapid decline in prices, influenced by minimal actual impacts from the US-Russia enrichment uranium ban and easing international conflict expectations following Trump's presidency [1] - Zhaoyin International has adjusted its price assumptions for 2025E/26E down by 18%/16% to USD 75/83 per pound, and lowered its earnings forecasts by 28%/35% [2]