In a report released today, Peter Li CFA from Macquarie maintained a Buy rating on Zijin Mining Group Co (ZIJMF – Research Report), with a price target of HK$22.80. The company’s shares opened today at $2.59.
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Li CFA covers the Basic Materials sector, focusing on stocks such as Zijin Mining Group Co, China Molybdenum Co, and Aluminum of China. According to TipRanks, Li CFA has an average return of 30.8% and a 77.78% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zijin Mining Group Co with a $2.95 average price target, a 13.90% upside from current levels. In a report released on June 11, DBS also maintained a Buy rating on the stock with a HK$24.50 price target.
The company has a one-year high of $2.70 and a one-year low of $1.59. Currently, Zijin Mining Group Co has an average volume of 69.71K.
Read More on ZIJMF:
- Zijin Mining Announces 2024 Final Dividend Distribution
- Zijin Mining Faces Temporary Setback at Kamoa-Kakula Copper Mine
- Zijin Mining Group Co: Strong Buy Rating Backed by Record Performance and Strategic Growth Initiatives
- Zijin Mining Group Plans Spin-off and Listing of Subsidiary on Hong Kong Stock Exchange
- Zijin Mining Plans Spin-off and Listing of Subsidiary
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