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Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) has provided an announcement.
Shandong Gold Mining Co., Ltd. announced the progress of its controlling shareholder, Shandong Gold Group Co., Ltd., and its concert parties in increasing their shareholdings in the company. This move, which involves a planned increase of between RMB0.5 billion and RMB1.0 billion in A Shares through the Shanghai Stock Exchange, reflects confidence in the company’s long-term investment value and its potential for sustainable growth.
The most recent analyst rating on (HK:1787) stock is a Buy with a HK$47.00 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 joint stock company incorporated in the People’s Republic of China, operating in the mining industry. The company primarily focuses on gold mining and related activities, positioning itself as a significant player in the market with a focus on sustainable and stable development.
Average Trading Volume: 16,951,864
Technical Sentiment Signal: Buy
Current Market Cap: HK$194.9B
Find detailed analytics on 1787 stock on TipRanks’ Stock Analysis page.