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Home Commodities

Singapore’s GIC Cuts Stake in Zijin Mining; Shares Down 3%

by Market News Board
2 months ago
in Commodities, Crypto, Economy News, Gold, Market Overview, Oil, Silver
Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024
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Delayed


Hong Kong S.E.



11:40:53 2025-04-02 pm EDT

5-day change 1st Jan Change

16.88 HKD

-2.54% -5.27% +19.38%

April 02, 2025 at 11:42 pm EDT

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© MT Newswires – 2025

Singapore’s GIC Cuts Stake in Zijin Mining; Shares Down 3%


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Chart Zijin Mining Group Company Limited

2899: Dynamic Chart

Logo Zijin Mining Group Company Limited

Zijin Mining Group Company Limited is specialized in exploring and mining gold and metal deposits. Net sales are divided by product family as follows:

– gold (45.1%): in particular, gold bars and gold concentrates (319.3 tons produced in 2021);

– copper (24.3%): electrodeposited copper, copper cathode, and copper concentrates (1,205.5 kt produced);

– metal concentrates (3.8%): zinc, tungsten, lead and iron concentrates;

– zinc (2.9%): in particular, zinc bars;

– other (23.9%): sulfuric acid, copper, silver and iron plates, etc.

79% of the net sales are conducted in China.

More about the company

Sell

Consensus

Buy

Last Close Price

16.18CNY

Average target price

21.08CNY

Spread / Average Target

+30.28%

Consensus

Quarterly revenue – Rate of surprise

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