cst mining group ltd
(985:Stock Exchange of Hong Kong Limited)
cst mining group ltd (985) Snapshot
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CST Mining Group Limited, an investment holding company, primarily engages in the acquisition, exploration, development, and mining of copper and other mineral resources. It owns Lady Annie, a copper mine, which is located in north west Queensland, Australia. The company also has interests in the Martabe gold and silver project in Indonesia. In addition, it is involved in trading securities; and investing in available-for-sale investments and convertible notes, as well as in properties letting activities. Further, the company provides secretarial services; and engages in the vessel holding business. It also operates in the People’s Republic of China, Hong Kong, and Singapore. The company was formerly known as China Sci-Tech Holdings Limited and changed its name to CST Mining Group Limited in June 2010. CST Mining Group Limited is headquartered in Wanchai, Hong Kong.
Last Reported Date: 12/20/12
cst mining group ltd (985) Top Compensated Officers
cst mining group ltd (985) Key Developments
CST Mining Group Limited provided earnings guidance for the year ended March 31, 2013. For the year, the company is expected to record a profit as compared with the loss recorded by the Group for its financial year ended 31 March 2012. This positive profit alert announcement is only based on the preliminary review on the management accounts of the Group, which has not been finalized nor audited by the company's auditors.
CST Mining Group Limited provided production guidance for the full year of 2013. The company announced 2013 production guidance is 23,300 tonnes of copper cathode.
The board of directors of CST Mining Group Limited announced that Mr. Chan Shek Wah has resigned as the independent non-executive director of the Company with effect from January 1, 2013 owing to his commitments in other companies which require more of his dedication. Hence, Mr. Chan will cease to be a member of the audit committee, the remuneration committee and the nomination committee of the Company respectively.
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| 985:HK | $0.10 HKD | +0.001 | |
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Industry Analysis
985
Industry Average
| Valuation | 985 | Industry Range |
| Price/Earnings | 2.3x |
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| Price/Sales | 2.3x |
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| Price/Book | 0.3x |
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| Price/Cash Flow | 2.3x |
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| TEV/Sales | NM | Not Meaningful |
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To contact CST MINING GROUP LTD, please visit www.cstmining.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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