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An update from Zijin Mining Group Co ( (HK:2899) ) is now available.
Zijin Mining Group Co., Ltd. announced the repurchase and cancellation of 10,200 Restricted A Shares from a participant who resigned and no longer meets the eligibility criteria under the company’s 2020 Incentive Scheme. This decision, approved by the company’s board and supervisory committee, aligns with the stipulations of the Revised Draft of the Incentive Scheme, ensuring compliance with relevant procedures and creditor notifications. The move is part of Zijin Mining’s efforts to maintain the integrity of its incentive schemes and manage its share structure effectively.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$42.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
More about Zijin Mining Group Co
Zijin Mining Group Co., Ltd. is a prominent player in the mining industry, primarily engaged in the exploration and extraction of gold, copper, and other mineral resources. The company focuses on expanding its operations and maintaining a strong market presence in the global mining sector.
YTD Price Performance: 149.09%
Average Trading Volume: 73,392,752
Technical Sentiment Signal: Buy
Current Market Cap: HK$922.3B
See more data about 2899 stock on TipRanks’ Stock Analysis page.