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Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) has shared an announcement.
Shandong Gold Mining Co., Ltd. has announced a plan for its controlling shareholder, Shandong Gold Group Co., Ltd., and its concert parties to increase their shareholdings in the company. This move, reflecting confidence in the company’s future stability and investment value, involves acquiring additional A Shares worth between RMB0.5 billion and RMB1.0 billion through the Shanghai Stock Exchange over the next year.
The most recent analyst rating on (HK:1787) stock is a Buy with a HK$19.00 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 leading company in the mining industry, primarily focused on gold mining and production. It operates within the People’s Republic of China and is listed on the Hong Kong and Shanghai Stock Exchanges.
Average Trading Volume: 12,206,880
Technical Sentiment Signal: Buy
Current Market Cap: HK$140.1B
For a thorough assessment of 1787 stock, go to TipRanks’ Stock Analysis page.