SEHK:1208Metals and Mining
A Look At MMG (SEHK:1208) Valuation After The Major Khoemacau Copper Mine Expansion Approval
MMG (SEHK:1208) has moved ahead with a major expansion of its Khoemacau Copper Mine in Botswana, committing about US$900 million to increase output capacity and target lower operating costs.
See our latest analysis for MMG.
That expansion decision comes after a strong run in the stock, with a 30 day share price return of 11.71% and a 90 day share price return of 31.69%, alongside a very large 1 year total shareholder return that points to momentum still building rather than fading.
If MMG’s...