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The latest update is out from China Molybdenum Co ( (HK:3993) ).
CMOC Group Limited has announced the resignation of its Executive Director and President, Mr. Sun Ruiwen, and Vice President and Chief Commercial Officer, Mr. Kenny Ives, citing personal work reasons and family commitments, respectively. The company assures that these changes will not affect its daily operations or board functionality. Additionally, Mr. Peng Xuhui has been proposed as a new Executive Director, bringing extensive experience in corporate management and strategic planning, which is expected to bolster the company’s leadership and operational strategies.
The most recent analyst rating on (HK:3993) stock is a Buy with a HK$17.50 price target. To see the full list of analyst forecasts on China Molybdenum Co stock, see the HK:3993 Stock Forecast page.
More about China Molybdenum Co
CMOC Group Limited is a joint stock company incorporated in the People’s Republic of China, operating in the mining industry. The company, along with its subsidiaries, focuses on the extraction and processing of mineral resources, positioning itself as a key player in the global mining sector.
Average Trading Volume: 52,324,323
Technical Sentiment Signal: Buy
Current Market Cap: HK$352.8B
See more insights into 3993 stock on TipRanks’ Stock Analysis page.