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<Research>BOCI Lifts ZHAOJIN MINING (01818.HK) TP to HKD45.5; Soaring Gold Prices to Drive Rapid Growth This Yr
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ZHAOJIN MINING (01818.HK) saw its profit spike 1.49x YoY to RMB3.6 billion in 2025, in line, BOCI said in its research report. The upsurge in gold prices and sturdy growth in gold production are the key drivers of the company's growth. Looking ahead, Zhaojin Mining was expected to ride on the soaring gold prices, with an anticipated 64% YoY elevation in 2026's EPS. The broker reiterated its Buy rating on the company and raised the target price from HKD44.78 to HKD45.5. AASTOCKS Financial News Website: www.aastocks.com |
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