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An announcement from Zijin Mining Group Co ( (HK:2899) ) is now available.
Zijin Mining Group Co., Ltd. announced the repurchase and cancellation of 10,200 Restricted A Shares granted under its 2020 Incentive Scheme due to a participant’s resignation. The repurchase price has been adjusted from RMB4.08 to RMB3.58 per share, reflecting recent profit distribution proposals. This move aligns with the company’s strategic financial adjustments and compliance with its incentive scheme regulations.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
More about Zijin Mining Group Co
Zijin Mining Group Co., Ltd. is a prominent player in the mining industry, primarily focusing on the exploration and development of gold, copper, and other mineral resources. The company is known for its extensive operations across various global markets, aiming to enhance its position as a leading international mining enterprise.
Average Trading Volume: 69,152,253
Technical Sentiment Signal: Buy
Current Market Cap: HK$878.8B
Find detailed analytics on 2899 stock on TipRanks’ Stock Analysis page.