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An update from Mongolian Mining ( (HK:0975) ) is now available.
Mongolian Mining Corporation reported a significant decrease in revenue and profitability for the first half of 2025, with a 35.9% drop in revenue compared to the same period in 2024. The company faced a loss of USD23.3 million, attributed to lower average selling prices and a one-off loss from debt refinancing. Despite these financial challenges, the company has made strategic moves by acquiring a majority stake in Universal Copper LLC and commissioning the Bayan Khundii mine processing plant, with commercial production expected to start in the third quarter of 2025.
The most recent analyst rating on (HK:0975) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on Mongolian Mining stock, see the HK:0975 Stock Forecast page.
More about Mongolian Mining
Mongolian Mining Corporation is a company incorporated in the Cayman Islands, focusing on mining operations. It has recently acquired a 50.5% equity interest in Universal Copper LLC, expanding its portfolio in the copper mining sector.
Average Trading Volume: 7,415,391
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.49B
For a thorough assessment of 0975 stock, go to TipRanks’ Stock Analysis page.