CNMC Goldmine (SGX:5TP) Stock: This Week’s Move, Latest News, and Week-Ahead Outlook (Updated 14 Dec 2025)

Updated: 14 December 2025 (Sunday) — Singapore market data reflects the most recent close on Friday, 12 Dec 2025. ^[1]

CNMC Goldmine Holdings Limited (SGX:5TP) ended last week with a sharp Friday bounce that put the stock back on traders’ radar—again. The counter closed at S$1.03 on 12 Dec, up +5.64% on the day, after swinging between S$0.99 and S$1.03 with volume above its recent norm. ^[2]

The bigger picture is still the same story that defined much of 2025: CNMC is a leveraged play on gold, and gold is being pushed around by central-bank policy signals, real yields, and “risk-on/risk-off” mood swings. Last week’s macro catalyst—the U.S. Federal Reserve’s December policy decision and related liquidity actions—helped keep bullion firm and set the tone for gold-linked equities heading into mid-December. ^[3]

Where CNMC Goldmine stock stands right now

As of the latest close (12 Dec 2025), CNMC Goldmine shares were at S$1.03, with the day’s move at +5.64% and ~7.28 million shares traded. ^[4]

Zooming out:

1-year change: about +304% (FT data). ^[5]
52-week range: roughly S$0.24 to S$1.39; the stock is about 26% below its 52-week high set in early October. ^[6]
Market cap: ~S$417–420 million range (depending on the data vendor’s snapshot). ^[7]

That combination—huge 1-year run + still well below the peak—often describes a stock that’s moved from “momentum rocket” into high-volatility consolidation. (Not a verdict. Just the usual physics of crowded trades.)

What happened this week: volatility, then a Friday rebound

CNMC’s week was choppy:

Fri (Dec 12):S$1.03, +5.64%
Thu (Dec 11):S$0.975, -4.41%
Wed (Dec 10):S$1.02, +2.00%
Tue (Dec 9):S$1.00, -1.96%
Mon (Dec 8):S$1.02, flat

So the stock finished the week slightly higher versus the prior Friday close (about +1% from S$1.02 to S$1.03), but only after a midweek drop-and-rebound sequence. ^[8]

One notable detail: volume picked up on the down day and stayed elevated into the rebound (over 8M shares on Dec 11, then ~7.28M on Dec 12). That’s consistent with a market that’s actively “agreeing to disagree” on valuation at these levels. ^[9]

Latest “news” in the last few days: macro-driven, not announcement-driven

If you’re looking for a fresh company bombshell (new mine, new financing, surprise guidance) in the last few days—there hasn’t been one.

1) No brand-new SGX filing this week

CNMC’s most recent SGX-listed-company announcement visible on major announcement aggregators was 4 Nov 2025 (“additional disclosure required for mineral, oil & gas companies”), with earlier items largely director/substantial shareholder interest notifications and the August results/dividend cycle. ^[10]

Translation: this week’s price action looks market-led, rather than triggered by a brand-new corporate release.

2) The real-time driver: gold reacting to central-bank signals

Gold prices were supported last week after the Fed delivered a quarter-point rate cut and markets digested the broader policy stance. Reuters reported spot gold around $4,280/oz on Dec 11 with U.S. futures around $4,313/oz, describing the move as tied to the rate cut and a softer dollar. ^[11]

At the same time, the Fed also announced a $40 billion Treasury-bill buying program beginning Dec 12 to stabilise short-term funding markets after signs of money-market strain—an action markets often read as liquidity-supportive (even when officials frame it as “technical”). ^[12]

And yes, the Fed’s own release confirms the December decision timing and statement. ^[13]

For gold-linked equities like CNMC, this matters because bullion moves can flow through to mining margins and sentiment fast—especially when investors treat the stock as a “high beta gold proxy” rather than as a slow-and-steady industrial operation.

3) CNMC continues to show up in “penny stock” watchlists

Over the past two weeks, CNMC has been included in several market roundups focused on “penny stocks” and smaller-cap movers, reflecting its liquidity and 2025 performance rather than new corporate developments. ^[14]

(These lists are not the same thing as a fundamental initiation report—but they do help explain why attention and trading volume can flare up quickly.)

The business in one paragraph: what CNMC actually does

CNMC Goldmine Holdings is focused on the Sokor Gold Field / Sokor Gold Project in Kelantan, Malaysia, which the company describes as its flagship project (about 2,370 acres, accessible via Tanah Merah). ^[15]

The company says it focuses on exploration, mining and production of gold at Sokor, and it has also acquired interests in additional mining properties in Kelantan (including a 51% interest in one entity and 100% in another). ^[16]

This geographic and operational concentration is important: it can create operating leverage (when things go well), but it also concentrates risk (when things don’t).

Fundamentals snapshot: why the market cared in 2025

CNMC’s 2025 rerating didn’t come out of nowhere. The company’s 1H2025 release was strong, and it provided concrete operational reasons—higher gold prices and higher production/throughput.

From CNMC’s SGX-linked press release for the half-year ended 30 June 2025:

Revenue:US$52.8m (up 78% YoY)
Profit attributable to owners:US$15.76m (up 256% YoY)
Profit after tax:US$19.42m
Gold produced (CIL plant):11,811 ounces (up 26% YoY)
Average selling price:US$3,197/oz in 1H2025 (vs US$2,266/oz in 1H2024)
Net cash:US$37.3m, described as 62% of net asset value
Dividend:1.5 Singapore cents per share, described as tripled from 1H2024

^[17]

The press release also points to a key operational lever: a carbon-in-leach (CIL) expansion completed in April 2025, boosting daily processing capacity from 500 to 800 tonnes of gold-bearing ore. ^[18]

That’s the kind of change that can turn a gold rally into actual earnings, not just “vibes.” More throughput + higher realised prices is the classic mining one-two punch.

Analyst targets and “forecast” landscape (what exists, what doesn’t)

Traditional analyst coverage (limited, but real)

CNMC is on Catalist, and sell-side coverage is not as broad as it is for large mainboard names. Still, at least two named brokerage target updates are widely cited:

Phillip Securities (3 Oct 2025):Buy, target S$1.34 (raised from S$0.70)
SAC Capital (3 Sep 2025):Buy, target S$1.13 (raised from S$0.45)

At the 12 Dec close of S$1.03, those imply roughly ~30% and ~10% upside respectively, based purely on those targets versus the last close. ^[19]

Investing.com’s consensus page also shows one analyst with a target around S$1.34. ^[20]

Model-based “fair value” estimates (useful, but squishy)

Beyond broker targets, several model-driven sites publish valuation ranges that can diverge wildly because they embed different assumptions:

ValueInvesting.io shows a relative valuation estimate around S$1.37 (about +32.7% upside) as of 14 Dec 2025, based on P/E multiples. ^[21]
Simply Wall St displays its own fair-value framing and projects earnings growth around ~42% per year (again: model-based). ^[22]

These are not “forecasts” in the same sense as an audited operational plan or a broker’s commodity-deck model—but they do map the range of market narratives: from “already priced” to “still cheap” depending on methodology.

Technical levels traders are watching (because this stock trades like a live wire)

From a pure market-structure standpoint, the key reference points are:

S$1.39: the 52-week high / October peak zone. ^[23]
S$0.975–S$1.05: the rough one-week range into the latest close. ^[24]

Some technical screening sites highlight nearby resistance zones around the low S$1.0s and treat recent pivots as potential turning points. Treat these as market mood tools, not laws of nature. ^[25]

Week ahead (15–19 Dec 2025): what to watch for CNMC (SGX:5TP)

1) Gold direction after the Fed: consolidation or continuation?

The Fed decision is now “known,” but markets often spend the following week re-pricing what it means for real yields and the U.S. dollar—two big drivers for gold. Reuters’ post-meeting gold coverage makes that linkage explicit (rate cut → dollar → gold). ^[26]

Also relevant: the Fed’s T-bill purchase plan begins Dec 12, and markets may keep testing whether money-market conditions calm down or flare again—another factor that can spill into safe-haven flows. ^[27]

2) U.S. data that can move yields (and therefore gold)

A practical week-ahead watch item is U.S. retail sales, which can move rates and the dollar quickly if it surprises. Multiple calendars place the Advance Retail Sales release in the coming week (notably Dec 16, 2025 in FRED’s release calendar and CME Group’s economic event listing). ^[28]

MarketWatch’s weekly calendar view also highlights “this week’s major U.S. economic reports & Fed speakers,” which can affect gold sensitivity day-to-day. ^[29]

3) CNMC corporate catalysts: likely quiet next week

Based on the current public announcement lists, CNMC hasn’t been dropping frequent material announcements in recent weeks (latest visible item early November). ^[30]

So unless something unexpected hits SGXNet, the week ahead looks macro-led: bullion, FX, rates, and risk appetite.

Key risks investors keep underlining (especially after a 300%+ run)

A gold miner is never “just a gold price chart,” but the gold price is the gravity well.

Things that can bite CNMC shares in the near term:

Gold pullbacks / profit-taking: If bullion corrects, miners often correct harder (operating leverage cuts both ways).
Operational concentration risk: single main project geography can magnify disruptions. ^[31]
Small/mid-cap volatility and liquidity shocks: CNMC trades actively, but sentiment can flip fast after big runs. ^[32]
Assumption risk in “fair value” screens: model valuations can overstate conviction if commodity price decks or discount rates are too optimistic. ^[33]

Bottom line: CNMC Goldmine into mid-December 2025

CNMC Goldmine (SGX:5TP) is ending the week at S$1.03 with a strong Friday rebound, but the near-term setup remains a tug-of-war between:

Fundamental momentum from higher throughput and previously reported record 1H2025 profitability, ^[34]
and
Macro volatility in gold, driven by Fed policy expectations, liquidity conditions, and incoming U.S. data. ^[35]

For the week ahead, CNMC-specific newsflow looks light based on recent announcement logs—so traders and investors will likely keep treating 5TP as a gold-sensitive equity with amplified moves. ^[36]