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MMG ( (HK:1208) ) has shared an announcement.
MMG Limited has announced an update to its Mineral Resources and Ore Reserves Statement as of June 30, 2025, highlighting significant changes in its mineral holdings. The company reported increases in mineral resources for copper, lead, molybdenum, silver, and gold, while zinc and cobalt saw slight decreases. Ore reserves increased for zinc, lead, cobalt, molybdenum, and gold, but decreased for copper and silver. These changes reflect MMG’s ongoing efforts in exploration and resource conversion, with notable developments at the Rosebery and Dugald River sites, as well as the Ferrobamba open pit at Las Bambas. The Kinsevere operation also reported ore reserves for new areas for the first time, indicating a positive trajectory in replenishing and expanding its resource base.
The most recent analyst rating on (HK:1208) stock is a Buy with a HK$6.80 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 within the mining industry. It focuses on the exploration, development, and mining of mineral resources, with primary products including copper, lead, molybdenum, silver, gold, zinc, and cobalt. The company is committed to expanding its mineral resources and ore reserves through extensive exploration and resource-to-reserve conversion drilling across its sites.
Average Trading Volume: 63,699,211
Technical Sentiment Signal: Buy
Current Market Cap: HK$69.69B
For a thorough assessment of 1208 stock, go to TipRanks’ Stock Analysis page.