China Molybdenum Co. Completes Payment on 2020 Medium-Term Notes

China Molybdenum Co ( (HK:3993) ) has shared an announcement.

China Molybdenum Co., Ltd. announced the successful completion of payment for its 2020 first tranche medium-term notes, which were issued on May 28, 2020, with a total amount of RMB1 billion, a coupon rate of 4.20%, and a term of five years. This completion marks a significant financial milestone for the company, reinforcing its financial stability and commitment to fulfilling its financial obligations, which could positively impact its reputation and stakeholder confidence.

The most recent analyst rating on (HK:3993) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on China Molybdenum Co stock, see the HK:3993 Stock Forecast page.

More about China Molybdenum Co

China Molybdenum Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the mining and processing of molybdenum, tungsten, and other precious metals. The company is focused on expanding its operations within the mining industry and maintaining a strong market presence in the production of these essential materials.

Average Trading Volume: 65,645,633

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$161.8B

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