CNMC Goldmine (5TP.SI, SES) up 5.71% intraday 29 Jan 2026: heavy volume signals momentum
5TP.SI stock climbed 5.71% to S$1.48 intraday on 29 Jan 2026 on heavy trading. Volume reached 10,970,700 shares versus an average of 5,494,993, a relative volume of 1.99. The move pushed the stock to a day high of S$1.50, near its 52-week high of S$1.50. We examine why the high-volume move matters, connect it to valuation and technicals, and set short-term scenarios for SES-listed CNMC Goldmine Holdings Limited in Singapore (currency SGD).
5TP.SI stock intraday price and volume
CNMC Goldmine (5TP.SI) opened at S$1.44 and moved to a day high of S$1.50. The intraday jump of S$0.08 equals 5.71% on a 10,970,700 share print, almost double average volume. High volume with price uptick suggests institutional or thematic flows in the Basic Materials gold sector on the SES market in Singapore.
Fundamentals and valuation of CNMC Goldmine (5TP.SI)
At S$1.48 the company shows EPS S$0.07 and a trailing PE of 21.14. Market cap is S$599,827,868 with 405,289,100 shares outstanding. Key ratios include Price/Book 7.90, Price/Sales 8.42, and Dividend yield 1.69%. The firm reports strong margins and low leverage with debt to equity near 0.01, but valuation multiples sit above Basic Materials peers.
Technical indicators and short-term trend for 5TP.SI stock
Technicals show mixed momentum: RSI 45.29 and ADX 15.82 indicate no clear trend. Price sits above the 50-day average (S$1.0953) and 200-day average (S$0.7885), supporting momentum. Volatility metrics show ATR S$0.04; Bollinger middle band is S$1.05. Traders should watch a break above S$1.50 on rising OBV for continuation.
Meyka AI rates 5TP.SI with a score out of 100
Meyka AI rates 5TP.SI with a score of 64.55 out of 100 (Grade: B, Suggestion: HOLD). This grade factors S&P 500 comparison, sector and industry peers, financial growth, key metrics, forecasts, and analyst signals. Grades are informational only and not financial advice.
Meyka AI’s forecast model and implied moves
Meyka AI’s forecast model projects monthly S$1.17 and quarterly S$0.96 versus the current S$1.48, implying model-based downside of -20.95% and -35.14%, respectively. Forecasts are model projections and not guarantees. Use them to weigh short-term risk given the high intraday volume.
Catalysts, sector context and risks for 5TP.SI stock
Key catalysts include Sokor field updates and Malaysia exploration results, plus gold price moves that affect margins. The Basic Materials gold industry has higher cyclicality than broader sectors. Risks include commodity price swings, permitting delays, and valuation compression if production misses expectations.
Final Thoughts
High intraday volume and a 5.71% gain to S$1.48 mark CNMC Goldmine (5TP.SI) as a high-volume mover on SES today. The trade shows short-term strength because price sits above both the 50-day average (S$1.0953) and 200-day average (S$0.7885). Fundamentals are solid with EPS S$0.07, PE 21.14, low debt to equity, and S$599,827,868 market cap, yet valuation multiples remain rich versus some Basic Materials peers. Meyka AI rates the stock 64.55/100 (B, HOLD) and models a monthly S$1.17 forecast and a quarterly S$0.96 forecast, implying downside from current levels. Traders watching the intraday breakout should confirm with sustained volume and follow Sokor project updates. Short-term price targets: base S$1.90, bull S$2.30, bear S$1.00; use stops and position sizing tied to volatility. Meyka AI provides this as an AI-powered market analysis platform update; forecasts are model-based and not guarantees.
FAQs
What drove the intraday move in 5TP.SI stock today?
The intraday rally to S$1.48 on 29 Jan 2026 came with 10,970,700 shares traded. Heavy volume suggests institutional interest or news-linked flows. Market watchers cite Sokor exploration updates and gold price sensitivity as likely drivers of the volume spike.
How expensive is CNMC Goldmine compared with peers based on 5TP.SI stock metrics?
5TP.SI trades at a trailing PE of 21.14 and Price/Book near 7.90, above many Basic Materials peers. Low debt and strong margins support the valuation, but investors should compare multiples to gold-sector averages before acting.
What does Meyka AI forecast imply for 5TP.SI stock near term?
Meyka AI’s model projects monthly S$1.17 and quarterly S$0.96 versus the current S$1.48, implying downside of -20.95% and -35.14%. These are model estimates and not guarantees. Use them as scenario inputs only.
What are practical trading levels for 5TP.SI stock today?
Watch S$1.50 as a short-term resistance and S$1.43 intraday support. A sustained break above S$1.50 on rising OBV could target S$1.90; failure under S$1.43 increases risk to S$1.00. Adjust stops to ATR S$0.04.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
