Update shared on 27 Oct 2025
Fair value Increased 16%Analysts have raised their price target for Zijin Mining Group from ¥32.03 to ¥37.11, citing strengthened revenue growth projections and improvements in profit margin forecasts.
What's in the News
- Board meetings held in October 2025 addressed feedback from directors and approved the third quarterly results, exercise conditions for the 2023 Share Option Incentive Scheme, and other matters. (Company announcements)
- Production has commenced at the Tres Quebradas lithium project in Argentina, acquired by Zijin in 2022. There are plans for expansion to reach 60,000 to 80,000 tonnes of lithium carbonate equivalent production annually. (Product announcement)
- Zijin Mining completed the acquisition of an 84% stake in Anhui Jinsha Molybdenum Co. Ltd., potentially positioning the company as one of the world’s largest mine-produced molybdenum producers. A new cooperation agreement with Jinduicheng Molybdenum is also in place. (Business expansion)
- The company declared an interim dividend of RMB 2.2 per 10 shares for the six months ended 30 June 2025, with payment scheduled for 17 October 2025. (Dividend announcement)
Valuation Changes
- Consensus Analyst Price Target has increased from ¥32.03 to ¥37.11. This reflects higher anticipated company value.
- Discount Rate has edged up marginally from 8.22% to 8.24%. This indicates slightly higher perceived risk or required return.
- Revenue Growth forecast has risen from 9.49% to 10.65%. This suggests stronger expectations for sales expansion.
- Net Profit Margin is projected to increase from 14.35% to 15.43%. This points to anticipated improvements in operational efficiency.
- Future P/E ratio has ticked up from 16.29x to 16.72x. This reflects slightly greater investor confidence in forward earnings.
Disclaimer
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