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1208: Rising Discount Rate Will Weigh On Copper Producer Outlook

Published
19 Mar 25
Updated
31 Oct 25
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AnalystConsensusTarget's Fair Value
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1Y
117.5%
7D
-5.8%

Author's Valuation

HK$5.8610.3% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on 31 Oct 25

Fair value Decreased 0.037%

Analysts have slightly lowered their price target for MMG from $5.86 to $5.86, citing minor revisions in profit margin and discount rate assumptions. What's in the News MMG Limited plans to change its independent auditor after working with Deloitte Touche Tohmatsu since 2016.

Shared on 17 Oct 25

Fair value Increased 15%

Global Electrification And Urbanization Will Support Copper Upswing

Analysts have raised their price target for MMG from $5.12 to $5.86. They cite projected improvements in revenue growth and profit margins as key factors supporting a more optimistic outlook.

Shared on 03 Oct 25

Fair value Increased 4.25%

Global Electrification And Urbanization Will Support Copper Upswing

Analysts have increased their price target for MMG from $4.91 to $5.12, citing improved revenue growth forecasts and a more favorable profit margin outlook. What's in the News MMG Limited reported strong Q2 and year-to-date production results through June 30, 2025, with copper (contained metal in concentrate) at 126,633 tonnes for the quarter and 233,234 tonnes for the year to date (Key Developments).

Shared on 05 Sep 25

Fair value Increased 6.11%

Global Electrification And Urbanization Will Support Copper Upswing

The consensus price target for MMG has increased, driven by a substantial rise in both future P/E ratio and net profit margin expectations, resulting in a new fair value estimate of HK$4.91. What's in the News MMG reported Q2 2025 production: 126,633 tonnes copper concentrate, 13,735 tonnes copper cathode, 56,176 tonnes zinc concentrate, 8,436 tonnes lead concentrate, and 707 tonnes molybdenum concentrate.

Shared on 21 Aug 25

Fair value Increased 8.69%

Global Electrification And Urbanization Will Support Copper Upswing

The significant rise in MMG's future P/E ratio, despite reduced consensus revenue growth forecasts, suggests higher anticipated premiums or improved sentiment, contributing to the analyst price target increase from HK$4.26 to HK$4.52. What's in the News MMG reported Q2 copper production of 126,633 tonnes (contained metal in concentrate) and 13,735 tonnes copper cathode; zinc production was 56,176 tonnes, lead 8,436 tonnes, and molybdenum 707 tonnes.

Shared on 01 May 25

Fair value Increased 17%

Global Electrification And Urbanization Will Support Copper Upswing

Shared on 24 Apr 25

Fair value Decreased 0.82%

Kinsevere And Khoemacau Expansions Will Increase Copper And Nickel Production By 2028

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 0.27%

Kinsevere And Khoemacau Expansions Will Increase Copper And Nickel Production By 2028

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Increased 0.27%

Kinsevere And Khoemacau Expansions Will Increase Copper And Nickel Production By 2028

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 2.23%

Kinsevere And Khoemacau Expansions Will Increase Copper And Nickel Production By 2028

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 14%

Kinsevere And Khoemacau Expansions Will Increase Copper And Nickel Production By 2028

AnalystConsensusTarget has increased discount rate from 8.1% to 9.3%.