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The latest announcement is out from Lingbao Gold Group Company Ltd. Class H ( (HK:3330) ).
Lingbao Gold Group has provided further details on its previously announced transaction to subscribe for 50% plus one share of a target company that holds the Simberi gold mine in operation, with the consideration set by an independent Big Four valuation firm using a discounted cash flow methodology. The company disclosed that this valuation constitutes a profit forecast under Hong Kong listing rules and is based on a series of general and specific assumptions, including stable laws, macroeconomic conditions and industry policies, no major changes in interest or tax regimes, absence of force majeure events, and the authenticity and completeness of information and ownership materials provided by the target, underscoring both the strategic importance and the due‑diligence reliance underlying this overseas gold asset acquisition.
The most recent analyst rating on (HK:3330) stock is a Buy with a HK$20.50 price target. To see the full list of analyst forecasts on Lingbao Gold Group Company Ltd. Class H stock, see the HK:3330 Stock Forecast page.
More about Lingbao Gold Group Company Ltd. Class H
Lingbao Gold Group Company Ltd., listed in Hong Kong, operates in the gold mining and related resources sector through its subsidiaries. The group focuses on exploration, development and operation of gold mines and associated projects, positioning itself as a player in international gold resource acquisition and long-term strategic expansion.
Average Trading Volume: 7,943,568
Technical Sentiment Signal: Buy
Current Market Cap: HK$24.41B
Find detailed analytics on 3330 stock on TipRanks’ Stock Analysis page.