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Mitsui Mining and Smelting Company ( (JP:5706) ) has shared an update.
In FY2024, Mitsui Mining & Smelting Co., Ltd. achieved record highs in sales and profits due to increased sales volume in its Engineered Materials segment and favorable conditions in the Metals segment, including a weak yen and high metal prices. However, the FY2025 forecast anticipates a decline in revenue and profit due to factors such as a strong yen, lower metal prices, and the divestiture of Mitsui Kinzoku ACT, alongside the absence of previous gains from investment securities.
The most recent analyst rating on (JP:5706) stock is a Hold with a Yen5800.00 price target. To see the full list of analyst forecasts on Mitsui Mining and Smelting Company stock, see the JP:5706 Stock Forecast page.
More about Mitsui Mining and Smelting Company
Mitsui Mining & Smelting Co., Ltd., also known as Mitsui Kinzoku, operates in the mining and smelting industry. The company is primarily focused on producing engineered materials and metals, with products like MicroThin contributing significantly to its sales and profits.
Average Trading Volume: 494,880
Technical Sentiment Signal: Hold
Current Market Cap: Yen226.1B
For an in-depth examination of 5706 stock, go to TipRanks’ Stock Analysis page.