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Sumitomo Metal Mining Co ( (JP:5713) ) just unveiled an announcement.
Sumitomo Metal Mining Co., Ltd. announced that it received a dividend of approximately 0.8 billion USD from its subsidiary, Sumitomo Metal Mining America Inc., which will be recorded as non-operating income in the company’s non-consolidated financial results for the fiscal year ending March 2026. This dividend will not significantly impact the company’s consolidated financial results, indicating stable financial positioning and efficient subsidiary management.
The most recent analyst rating on (JP:5713) stock is a Hold with a Yen4963.00 price target. To see the full list of analyst forecasts on Sumitomo Metal Mining Co stock, see the JP:5713 Stock Forecast page.
More about Sumitomo Metal Mining Co
Sumitomo Metal Mining Co., Ltd. operates in the metal mining industry, focusing on the extraction and processing of metals. It is known for its production of non-ferrous metals, including copper, nickel, and gold, and has a significant presence in the global market.
Average Trading Volume: 2,282,226
Technical Sentiment Signal: Buy
Current Market Cap: Yen1299.7B
For detailed information about 5713 stock, go to TipRanks’ Stock Analysis page.