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China Nonferrous Mining Corp. Ltd. ( (HK:1258) ) has provided an announcement.
China Nonferrous Mining Corporation Limited has announced a comprehensive rehabilitation project for the main and auxiliary shafts at its Chambishi Southeast Mine following an incident that resulted in an employee’s death. The rehabilitation, which involves significant structural repairs, is expected to conclude by mid-December, temporarily suspending production. Consequently, the company has adjusted its 2025 production guidance from 160,000 tonnes to 140,000 tonnes due to the temporary suspension of operations.
The most recent analyst rating on (HK:1258) stock is a Buy with a HK$15.50 price target. To see the full list of analyst forecasts on China Nonferrous Mining Corp. Ltd. stock, see the HK:1258 Stock Forecast page.
More about China Nonferrous Mining Corp. Ltd.
China Nonferrous Mining Corporation Limited is a company incorporated in Hong Kong, focusing on the mining industry. It operates through its subsidiary, NFC Africa Mining PLC, and is involved in the extraction and processing of nonferrous metals.
Average Trading Volume: 21,391,766
Technical Sentiment Signal: Buy
Current Market Cap: HK$57.95B
See more data about 1258 stock on TipRanks’ Stock Analysis page.