Why did 5TP.SI stock fall sharply today

5TP.SI stock fell **13.25%** on 02 Feb 2026 after heavy volume and profit-taking following strong prior gains. Traders also reduced exposure ahead of CNMC’s earnings on 19 Feb 2026, increasing selling pressure in SES trading

Is 5TP.SI stock a buy after the drop

The drop creates a potential entry but valuation is stretched with PB around **7.58** and PE **20.43**. Meyka AI grades 5TP.SI **B (65.47)** and suggests HOLD while monitoring earnings and liquidity

What are realistic price targets for 5TP.SI stock

Meyka AI’s model shows **S$1.56** (1 month), **S$2.24** (quarter) and **S$4.83** (12 months). Short-term technical support is **S$1.00**. Forecasts are projections and not guarantees

How risky is 5TP.SI stock given the sector

5TP.SI stock is in the Gold industry within Basic Materials and carries typical commodity cyclicality. The company has low debt but higher valuation multiples, so volatility and event risk remain elevated on SES

SG Stocks

CNMC Goldmine (5TP.SI, SES) down 13.25% on 02 Feb 2026 market closed: watch the volume-led reset

ByDanny Kontos February 2, 2026February 2, 2026

The 5TP.SI stock plunged 13.25% to S$1.31 on 02 Feb 2026 as the Singapore Exchange (SES) session closed, trading 16,530,800 shares—about 2.09x average volume. Today’s drop followed a sharp run-up over the past year and coincided with heavy liquidation that pushed the price from yesterday’s S$1.51 close. For investors tracking CNMC Goldmine Holdings Limited (SES: 5TP.SI), the move raises short-term risk but highlights the company’s low debt profile and upcoming earnings on 19 Feb 2026 as potential catalysts