On September 10, CGN MINING fell 5.19% in regular trading, trading at HK$2.465/share, with turnover of approximately HK$13.48 million. The decline came as the stock gave back gains from the prior session, when it had surged nearly 9% on the back of record-high uranium long-term contract prices.

On the fundamental side, the company's interim results disclosed in late August showed a net loss attributable to owners of approximately HK$80 million for the first half of the year, representing an 18% year-over-year widening. The loss expansion was primarily driven by lower natural uranium sales volume at its Kazakhstan mines, rising unit production costs, and an accounting effect whereby the weighted average cost of inventory exceeded current contract selling prices, compressing gross margins. Additionally, delivery under certain annual offtake contracts was deferred to the second half.

The broader Coal and Consumable Fuels sector also traded weaker on the day, with CHINA SHENHUA down 1.24%, YANKUANG ENERGY down 1.99%, YANCOAL AUS down 2.19%, CHINA COAL down 1.81%, and KINETIC DEV down 2.11%.

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