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MMG ( (HK:1208) ) has provided an update.
MMG Limited announced its interim results for the first half of 2025, showcasing significant financial growth and operational achievements. The company reported a net profit after tax of US$566.3 million, a substantial increase driven by higher copper production and favorable market prices for copper, gold, silver, and zinc. MMG also achieved record highs in EBITDA and EBIT, improved its balance sheet by reducing net debt, and distributed its first dividend from MLB. The company’s operations saw notable production increases, particularly at Las Bambas and Khoemacau, contributing to the strong financial performance.
The most recent analyst rating on (HK:1208) stock is a Buy with a HK$3.50 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 company incorporated in Hong Kong, operating in the mining industry. It primarily focuses on the production and sale of copper, zinc, and other base metals, with a significant market presence through its operations in mines such as Las Bambas, Kinsevere, Khoemacau, and Dugald River.
Average Trading Volume: 67,647,620
Technical Sentiment Signal: Buy
Current Market Cap: HK$50.99B
See more data about 1208 stock on TipRanks’ Stock Analysis page.