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MMG ( (HK:1208) ) just unveiled an update.
MMG Limited’s Third Quarter Production Report for 2025 highlights a mixed performance across its mining operations. The company reported a 10% increase in total copper production compared to the same quarter last year, driven by a significant rise at Las Bambas, despite a decline in output at Khoemacau and Rosebery. Zinc production saw a 26% increase, with Dugald River contributing significantly, while lead production rose by 15%. However, molybdenum and cobalt production experienced declines, with cobalt production ceasing entirely. These results reflect MMG’s ongoing efforts to optimize its operations and adapt to market demands, impacting its industry positioning and stakeholder interests.
The most recent analyst rating on (HK:1208) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on MMG stock, see the HK:1208 Stock Forecast page.
More about MMG
MMG Limited is a Hong Kong-incorporated company operating in the mining industry. It primarily focuses on the extraction and production of base metals, including copper, zinc, lead, molybdenum, and cobalt, with operations across various global sites.
Average Trading Volume: 70,845,804
Technical Sentiment Signal: Buy
Current Market Cap: HK$78.79B
See more insights into 1208 stock on TipRanks’ Stock Analysis page.