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<Research>BOCI Keeps Buy on ZIJIN MINING but Trims TP to HKD46.84
Recommend 7 Positive 6 Negative 5 |
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ZIJIN MINING (02899.HK) nearly doubled its net profit to RMB20 billion in 1Q26, which BOCI attributed in its report to the surge in metal prices. With increased production, gross profit of ZIJIN MINING's lithium business also rose by 2.5 times QoQ, not to mention that the company even recorded a RMB2.8 billion gain on fair value changes. BOCI kept a Buy rating on ZIJIN MINING but mildly reduced its target price to HKD46.84. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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