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Zijin Gold International Company Limited ( (HK:2259) ) has shared an update.
Zijin Gold International Company Limited has completed the acquisition of the Raygorodok Gold Mine in Kazakhstan, which is expected to significantly enhance its gold production and earnings. The mine, located in a gold-rich region, offers substantial resources and a long mine life, with low operational costs contributing to strong profitability. The acquisition strengthens Zijin Gold International’s asset base and global industry position, while also providing synergies with other regional mines and supporting the company’s production targets.
The most recent analyst rating on (HK:2259) stock is a Buy with a HK$189.00 price target. To see the full list of analyst forecasts on Zijin Gold International Company Limited stock, see the HK:2259 Stock Forecast page.
More about Zijin Gold International Company Limited
Zijin Gold International Company Limited, a subsidiary of Zijin Mining Group Co., Ltd., operates in the mining industry with a focus on gold production. The company is involved in the acquisition and development of gold mines, primarily targeting large-scale open-pit operations with significant resources and established infrastructure.
Average Trading Volume: 27,505,311
Learn more about 2259 stock on TipRanks’ Stock Analysis page.