Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Zijin Mining Group Co ( (HK:2899) ) just unveiled an announcement.
Zijin Mining Group Co., Ltd. has announced an estimated increase in net profit for the first half of 2025, with a projected net profit of approximately RMB23.2 billion, marking a 54% rise compared to the same period last year. This growth is attributed to increased production volumes of key minerals like copper and gold, alongside higher sales prices for these commodities, reflecting positively on the company’s operational performance and market positioning.
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 extraction and production of mineral resources such as copper, gold, zinc, silver, and lithium carbonate. The company is known for its significant contributions to the mining sector and has a strong market presence, particularly in the production of mine-produced metals.
Average Trading Volume: 54,635,463
Technical Sentiment Signal: Buy
Current Market Cap: HK$544.2B
For a thorough assessment of 2899 stock, go to TipRanks’ Stock Analysis page.