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Zijin Mining Group Co Ltd Class H (HK:2899)
HKEX:2899
Zijin Mining Group Co (2899) Stock Price & Analysis
8 Followers
2899 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$10.58 - HK$19.88
Previous CloseHK$17.78
Volume39.22M
Average Volume (3M)50.47M
Market Cap
HK$530.63B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)19.5
Beta1.03
Next Earnings
Aug 23, 2024EPS Estimate
HK$0.41Last Dividend Ex-Date
May 21, 2024Dividend Yield1.57%
Share Statistics
EPS (TTM)0.91
Shares Outstanding21,645,855,650
10 Day Avg. Volume65,387,000
30 Day Avg. Volume50,465,418
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$20.14Price Target Upside13.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Zijin Mining Group Co News
PremiumCompany Announcements
Zijin Mining Group Predicts Robust Profit Growth
PremiumCompany Announcements
Zijin Mining Group Schedules Key Board Meeting
PremiumCompany Announcements
Zijin Mining Announces Major Copper Resource Surge
PremiumCompany Announcements
Zijin Mining Announces 2023 Final Dividend Payment
PremiumCompany Announcements
Zijin Mining Completes $2B Bonds Issue & Shares Placement
PremiumCompany Announcements
Zijin Mining Unveils $2 Billion Convertible Bonds
PremiumPre-Earnings
Is ZIJMF a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Earnings GrowthAnalyst revised up FY24F/FY25F earnings forecasts by 20%/12% due to higher copper/gold price forecasts.
Production ExpansionZijin announced its new five-year production plan, aiming to achieve its 2030 target two years early in 2028, positioning the company among the top global mining companies with comprehensive operations and ESG development systems.
Strategic AcquisitionsPan American Silver Corp has agreed to sell 100% interest in La Arena to Zijin at US$245mn, with another US$50mn contingent payment upon commercial production of La Arena II.
Bears Say
Financial PerformanceMining entities’ gross margin declined to 49.1% (-5.2ppt), and the increase in product ASP was offset by a steeper spike in mining costs.
Output TargetsZijin lowered its 2025 lithium output targets to 100kt-LCE from 120kt-LCE, accounting for 7% of the estimated global supply.
Segment UncertaintyThe company faces uncertainty with the lithium segment, as lithium prices remain under pressure and final permits for key projects are pending.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
7.30% Mutual Funds
12.54% Other Institutional Investors
80.16% 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$10.58 and its highest was HK$19.88 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 36 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$0.258 earnings per share for the quarter, beating the consensus estimate of HK$0.227 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 1.57%. 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$0.41.
How many shares outstanding does Zijin Mining Group Co Ltd Class H have?
Zijin Mining Group Co Ltd Class H has 5,988,840,000 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$0.258 in its last earnings report, beating expectations of HK$0.227. Following the earnings report the stock price went down -4.96%.
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
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Zijin Mining Group Co Stock Smart Score
Unlock Smart Score
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Technicals
SMA
Positive
20 days / 200 days
Momentum
42.05%
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.
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2899 Earnings Call
Q4 2024
0:00 / 0:00
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2899 Stock 12 Month Forecast
Average Price Target
HK$20.14
▲(13.26% Upside)
Technical Analysis
Zijin Mining Group Co
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Freeport-McMoRan
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Southern Copper
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Newmont Mining
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Agnico Eagle
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Best Analysts Covering 2899
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+31.65%
reiterated a buy rating 3 months 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 +31.65% per trade.
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