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An update from MMG ( (HK:1208) ) is now available.
MMG reported its fourth-quarter 2025 production results, highlighting continued strength in copper output driven by Las Bambas and the contribution from the Khoemacau acquisition, which helped lift full-year copper production by 28% to 454,108 tonnes and copper cathode output by 18% to 52,791 tonnes despite a softer fourth quarter at several sites. Zinc production rose 6% year-on-year to 232,060 tonnes, supported by higher volumes at Dugald River, while total gold and silver output also increased 22% and 17% respectively for 2025, underscoring the benefits of portfolio diversification and operational ramp-up across MMG’s global asset base.
The most recent analyst rating on (HK:1208) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on MMG stock, see the HK:1208 Stock Forecast page.
More about MMG
MMG Limited is a Hong Kong–incorporated resources company focused on the exploration, development and production of base and precious metals. Its key operations include large-scale copper assets such as Las Bambas in Peru, Kinsevere in the DRC and the recently acquired Khoemacau mine in Botswana, along with zinc, lead, gold and silver production from mines including Dugald River and Rosebery, giving it a diversified global metals portfolio.
Average Trading Volume: 52,968,973
Technical Sentiment Signal: Buy
Current Market Cap: HK$112.9B
Learn more about 1208 stock on TipRanks’ Stock Analysis page.