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An announcement from Zijin Mining Group Co ( (HK:2899) ) is now available.
Zijin Mining Group Co., Ltd. announced that all resolutions were approved at their recent extraordinary general meetings, including the spin-off and listing of their subsidiary, Zijin Gold International Company Limited, on the Hong Kong Stock Exchange. This strategic move is expected to enhance the company’s market presence and operational efficiency, potentially benefiting stakeholders by increasing the subsidiary’s visibility and access to capital.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$21.50 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 focusing on the exploration and development of gold, copper, and other mineral resources. The company is known for its extensive operations in China and its strategic expansion into international markets.
Average Trading Volume: 62,002,500
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$543.1B
See more insights into 2899 stock on TipRanks’ Stock Analysis page.