Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) is now available.
Shandong Gold Mining Co., Ltd. expects a sharp rise in profitability for 2025, forecasting net profit attributable to shareholders of RMB4.6 billion to RMB4.9 billion, up 56% to 66% from the previous year, and RMB4.8 billion to RMB5.1 billion after excluding non-recurring items, a projected increase of 60% to 71%. The company attributes the profit surge to strategic optimization of its production layout, enhanced mine exploration and project construction, increased investment in intelligent systems, and a shift from outsourced to self-operated mining, all against a backdrop of rising gold prices; management stresses that these measures are designed not only to capture current high gold prices but also to underpin longer-term, sustainable and high-quality growth through the 15th Five-Year Plan period.
The most recent analyst rating on (HK:1787) stock is a Buy with a HK$45.70 price target. To see the full list of analyst forecasts on Shandong Gold Mining Co., Ltd. Class H stock, see the HK:1787 Stock Forecast page.
More about Shandong Gold Mining Co., Ltd. Class H
Shandong Gold Mining Co., Ltd. is a major Chinese gold producer engaged in the exploration, mining, and processing of gold resources, with operations organized through a group structure that focuses on improving production efficiency, resource utilization, and mine construction to strengthen its position in the gold industry.
Average Trading Volume: 12,127,832
Technical Sentiment Signal: Buy
Current Market Cap: HK$293.2B
See more insights into 1787 stock on TipRanks’ Stock Analysis page.