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China Molybdenum Co ( (HK:3993) ) has provided an update.
CMOC Group Limited has announced a positive profit alert for the first half of 2025, with an estimated net profit increase of 51.37% to 67.98% compared to the same period last year. This growth is attributed to higher selling prices and increased output of copper and cobalt, highlighting the company’s improved economies of scale and market positioning.
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
CMOC Group Limited is a joint stock company incorporated in the People’s Republic of China, operating in the mining industry. The company primarily focuses on the production of copper and cobalt mineral products, with a significant presence in the market for these resources.
YTD Price Performance: 56.66%
Average Trading Volume: 45,176,085
Technical Sentiment Signal: Buy
Current Market Cap: HK$186.5B
See more insights into 3993 stock on TipRanks’ Stock Analysis page.