Morgan Stanley: It is expected that the stock price of CGN MINING (01164) will have approximately a 60-70% chance of increasing in the next 15 days.
There is a risk of reducing production guidance targets for Kazatomprom, the world's largest uranium producer.
Morgan Stanley has released a research report stating that CGN MINING (01164) is expected to have a 60-70% chance of rising in price within 15 days. Morgan Stanley indicated that there is a risk of downward revision to the production guidance target of KazAtomProm, the world's largest uranium producer, and past downward revisions by the company have had a significant impact on uranium prices and CGN MINING.
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