tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Daye Revises Annual Cap Amid Rising Metal Prices

Story Highlights
China Daye Revises Annual Cap Amid Rising Metal Prices

Claim 70% Off TipRanks Premium

China Daye Non-Ferrous Metals Mining Limited ( (HK:0661) ) has issued an announcement.

China Daye Non-Ferrous Metals Mining Limited has announced a revision of the annual cap for its Hubei Gold Purchase Framework Agreement due to significant price increases in copper, gold, and silver. The revised cap reflects the company’s anticipation of higher transaction volumes, aiming to enhance revenue and maintain fair and reasonable terms for stakeholders.

The most recent analyst rating on (HK:0661) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on China Daye Non-Ferrous Metals Mining Limited stock, see the HK:0661 Stock Forecast page.

More about China Daye Non-Ferrous Metals Mining Limited

China Daye Non-Ferrous Metals Mining Limited operates in the mining industry, focusing on non-ferrous metals. The company primarily deals with products such as copper concentrate, gold, and silver, catering to market demands for these resources.

Average Trading Volume: 108,232,819

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.83B

See more data about 0661 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1