SEHK:1258Metals and Mining
China Nonferrous Mining (SEHK:1258) Lifted Profit Guidance, Is The Stock Already Overvalued?
Why China Nonferrous Mining’s fresh profit guidance matters
China Nonferrous Mining (SEHK:1258) has issued new earnings guidance for the first half of 2026, flagging profit attributable to owners of about US$420 million, roughly 60% higher than the same period in 2025.
The board linked this projected uplift to higher international prices for copper and sulfuric acid, both central to China Nonferrous Mining’s business. This immediately gives investors a clearer read on how commodity markets...