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2899: Expansion Of Molybdenum And Lithium Operations Will Drive Future Upside

Expansion Into Lithium and Molybdenum Will Support Future Revenue and Profitability

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2899
AnalystConsensusTarget
Not Invested
Published 30 Mar 2025

Update shared on 10 Nov 2025

Fair value Increased 1.97%
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Zijin Mining Group Analyst Price Target Update

Analysts have raised their fair value estimate for Zijin Mining Group from ¥37.11 to ¥37.84. They cited slight improvements in projected revenue growth and profit margins as key drivers for the upward revision.

What's in the News

  • The Board Meeting on October 24, 2025, focused on collecting and approving feedback opinions from directors, with 12 opinions reviewed. The meeting also considered other matters. (Company Announcement)
  • On October 17, 2025, the Board Meeting approved the third quarterly results for 2025 and addressed share option incentive matters, including the cancellation and satisfaction of exercise conditions for certain options. (Company Announcement)
  • Zijin Mining Group commenced production at the Tres Quebradas lithium project in Catamarca, Argentina, following an investment of over USD 600 million. The company also plans to expand annual production capacity up to 80,000 tonnes of lithium carbonate equivalent. (Key Developments)
  • The company finalized the acquisition of an 84% stake in Anhui Jinsha Molybdenum Co. Ltd., gaining full control over the Shapinggou Molybdenum Mine. This mine is set to become one of the world's largest mine-produced molybdenum sources. (Key Developments)
  • Zijin Mining announced an interim dividend of RMB 2.2 per 10 shares for the first half of 2025, with payment scheduled for October 17, 2025. (Company Announcement)

Valuation Changes

  • The consensus analyst price target (fair value) has risen slightly, from ¥37.11 to ¥37.84.
  • The discount rate increased from 8.24% to 8.76%.
  • The revenue growth expectation edged up modestly, moving from 10.65% to 10.82%.
  • The net profit margin improved from 15.43% to 15.79%.
  • The future P/E ratio inched higher, rising from 16.72x to 16.82x.

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Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.