Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Zijin Mining Group Co Ltd Class H (HK:2899)
HKEX:2899
Zijin Mining Group Co (2899) Stock Price & Analysis
3 Followers
2899 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$10.33 - HK$18.98
Previous CloseHK$18.46
Volume43.18M
Average Volume (3M)39.52M
Market Cap
HK$511.70B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)20.3
Beta0.98
Next Earnings
Aug 23, 2024EPS Estimate
HK$0.29Next Dividend Ex-Date
May 21, 2024Dividend Yield1.5%
Share Statistics
EPS (TTM)0.91
Shares Outstanding21,645,855,650
10 Day Avg. Volume65,387,000
30 Day Avg. Volume39,515,154
Standard Deviation0.12
R-Squared0.30
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$19.50Price Target Upside5.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Zijin Mining Group Co News
Bulls Say, Bears Say
Bulls Say
Corporate AcquisitionPan American Silver Corp's agreement to sell its La Arena mine to Zijin for US$245 million, with a potential additional US$50 million contingent payment, and retaining a 1.5% net smelter return royalty, showcases strategic asset reallocation and potential for long-term revenue through royalties.
Financial PerformanceAnalyst's upward revision of Zijin's FY24F/FY25F earnings forecasts by 20%/12% reflects confidence in the company's growth potential, driven by favorable gold and copper markets and strong operating capabilities.
Production And Cost ManagementZijin's effective cost control measures leading to significant decreases in production costs for gold and copper, combined with management's expectations to maintain or reduce costs in 2024, highlight the company's robust operational efficiency and profit margin expansion.
Bears Say
Commodity Market VolatilityRisks include volatility in metal prices which can adversely affect the company's profitability.
Operational PerformanceMining entities' gross margin declined due to a steeper spike in mining costs, impacting financial performance.
Regulatory UncertaintyThe company faces uncertainty with the lithium segment as final permits for key projects are pending.
---
Options Prices
Currently, No data available
---
Ownership Overview
0.00%
Insiders
7.24% Mutual Funds
13.20% Other Institutional Investors
79.55% Public Companies and
Individual Investors
2899 FAQ
What was Zijin Mining Group Co Ltd Class H’s price range in the past 12 months?
Zijin Mining Group Co Ltd Class H lowest stock price was HK$10.33 and its highest was HK$18.98 in the past 12 months.
What is Zijin Mining Group Co Ltd Class H’s market cap?
Currently, no data Available
When is Zijin Mining Group Co Ltd Class H’s upcoming earnings report date?
Zijin Mining Group Co Ltd Class H’s upcoming earnings report date is Aug 23, 2024 which is in 97 days.
How were Zijin Mining Group Co Ltd Class H’s earnings last quarter?
Zijin Mining Group Co Ltd Class H released its earnings results on Apr 22, 2024. The company reported HK$0.257 earnings per share for the quarter, beating the consensus estimate of HK$0.226 by HK$0.031.
Is Zijin Mining Group Co Ltd Class H overvalued?
According to Wall Street analysts Zijin Mining Group Co Ltd Class H’s price is currently Undervalued.
Does Zijin Mining Group Co Ltd Class H pay dividends?
Zijin Mining Group Co Ltd Class H pays a Annually dividend of HK$0.22 which represents an annual dividend yield of 1.5%. See more information on Zijin Mining Group Co Ltd Class H dividends here
What is Zijin Mining Group Co Ltd Class H’s EPS estimate?
Zijin Mining Group Co Ltd Class H’s EPS estimate is HK$0.29.
How many shares outstanding does Zijin Mining Group Co Ltd Class H have?
Zijin Mining Group Co Ltd Class H has 5,736,940,000 shares outstanding.
What happened to Zijin Mining Group Co Ltd Class H’s price movement after its last earnings report?
Zijin Mining Group Co Ltd Class H reported an EPS of HK$0.257 in its last earnings report, beating expectations of HK$0.226. Following the earnings report the stock price went down -4.961%.
Which hedge fund is a major shareholder of Zijin Mining Group Co Ltd Class H?
Currently, no hedge funds are holding shares in HK:2899
---
Zijin Mining Group Co Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
59.80%
12-Months-Change
Fundamentals
Return on Equity
20.33%
Trailing 12-Months
Asset Growth
7.30%
Trailing 12-Months
Company Description
Zijin Mining Group Co Ltd Class H
Zijin Mining Group Co., Ltd. is an exploration company. The firm engages in exploration, mining and smelting processing of gold, copper, zinc, and other metal mineral resources. Its business includes exploration or acquisition of mineral resources, mining development resources, smelting and processing to improve the industrial chain; technology research and construction business; and combination of mining and finance, trade and logistics. The company was founded by Jing He Chen on July 15, 1986 and is headquartered in Longyan, China.
---
2899 Earnings Call
Q4 2024
0:00 / 0:00
---
2899 Stock 12 Month Forecast
Average Price Target
HK$19.50
▲(5.63% Upside)
Technical Analysis
Zijin Mining Group Co
―
Hudbay Minerals
―
Compania de Minas Buenaventura SAA
―
Hecla Mining Company
―
Barrick Gold
―
Best Analysts Covering 2899
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+36.48%
reiterated a buy rating 24 days ago
Copying Howard Lau's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +36.48% per trade.
---