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MMG SEHK:1208 Stock Report

Last Price

HK$2.54

Market Cap

HK$30.8b

7D

-10.9%

1Y

16.5%

Updated

19 Dec, 2024

Data

Company Financials +

1208 Stock Overview

An investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. More details

1208 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance5/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

MMG Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MMG
Historical stock prices
Current Share PriceHK$2.54
52 Week HighHK$4.51
52 Week LowHK$1.75
Beta2.15
1 Month Change-11.50%
3 Month Change7.63%
1 Year Change16.51%
3 Year Change1.60%
5 Year Change20.95%
Change since IPO-76.42%

Recent News & Updates

MMG Limited's (HKG:1208) P/E Is Still On The Mark Following 25% Share Price Bounce

Sep 29
MMG Limited's (HKG:1208) P/E Is Still On The Mark Following 25% Share Price Bounce

MMG's (HKG:1208) Earnings Are Weaker Than They Seem

Sep 26
MMG's (HKG:1208) Earnings Are Weaker Than They Seem

Recent updates

MMG Limited's (HKG:1208) P/E Is Still On The Mark Following 25% Share Price Bounce

Sep 29
MMG Limited's (HKG:1208) P/E Is Still On The Mark Following 25% Share Price Bounce

MMG's (HKG:1208) Earnings Are Weaker Than They Seem

Sep 26
MMG's (HKG:1208) Earnings Are Weaker Than They Seem

MMG Limited's (HKG:1208) 28% Cheaper Price Remains In Tune With Earnings

Aug 14
MMG Limited's (HKG:1208) 28% Cheaper Price Remains In Tune With Earnings

Not Many Are Piling Into MMG Limited (HKG:1208) Stock Yet As It Plummets 30%

Jun 27
Not Many Are Piling Into MMG Limited (HKG:1208) Stock Yet As It Plummets 30%

What MMG Limited's (HKG:1208) 25% Share Price Gain Is Not Telling You

Apr 19
What MMG Limited's (HKG:1208) 25% Share Price Gain Is Not Telling You

Does MMG (HKG:1208) Have A Healthy Balance Sheet?

Apr 08
Does MMG (HKG:1208) Have A Healthy Balance Sheet?

We Think You Can Look Beyond MMG's (HKG:1208) Lackluster Earnings

Mar 12
We Think You Can Look Beyond MMG's (HKG:1208) Lackluster Earnings

MMG Limited Just Missed Earnings - But Analysts Have Updated Their Models

Mar 07
MMG Limited Just Missed Earnings - But Analysts Have Updated Their Models

Revenues Tell The Story For MMG Limited (HKG:1208)

Jan 18
Revenues Tell The Story For MMG Limited (HKG:1208)

Does MMG (HKG:1208) Have A Healthy Balance Sheet?

Dec 13
Does MMG (HKG:1208) Have A Healthy Balance Sheet?

Be Wary Of MMG (HKG:1208) And Its Returns On Capital

Oct 04
Be Wary Of MMG (HKG:1208) And Its Returns On Capital

These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively

Sep 11
These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively

Here's What To Make Of MMG's (HKG:1208) Decelerating Rates Of Return

Jun 28
Here's What To Make Of MMG's (HKG:1208) Decelerating Rates Of Return

These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively

Apr 25
These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively

Return Trends At MMG (HKG:1208) Aren't Appealing

Mar 30
Return Trends At MMG (HKG:1208) Aren't Appealing

MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt

Dec 19
MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt

We Like These Underlying Return On Capital Trends At MMG (HKG:1208)

Nov 28
We Like These Underlying Return On Capital Trends At MMG (HKG:1208)

MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt

Sep 16
MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt

Analysts Just Shaved Their MMG Limited (HKG:1208) Forecasts Dramatically

Aug 25
Analysts Just Shaved Their MMG Limited (HKG:1208) Forecasts Dramatically

MMG Limited (HKG:1208) Could Be Riskier Than It Looks

Aug 21
MMG Limited (HKG:1208) Could Be Riskier Than It Looks

We Like These Underlying Return On Capital Trends At MMG (HKG:1208)

Jul 25
We Like These Underlying Return On Capital Trends At MMG (HKG:1208)

MMG (HKG:1208) Has A Pretty Healthy Balance Sheet

Apr 28
MMG (HKG:1208) Has A Pretty Healthy Balance Sheet

MMG's (HKG:1208) Solid Profits Have Weak Fundamentals

Mar 31
MMG's (HKG:1208) Solid Profits Have Weak Fundamentals

Results: MMG Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 28
Results: MMG Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Returns Are Gaining Momentum At MMG (HKG:1208)

Mar 27
Returns Are Gaining Momentum At MMG (HKG:1208)

These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively

Dec 04
These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively

Shareholder Returns

1208HK Metals and MiningHK Market
7D-10.9%-6.1%-0.9%
1Y16.5%24.6%19.2%

Return vs Industry: 1208 underperformed the Hong Kong Metals and Mining industry which returned 24.6% over the past year.

Return vs Market: 1208 underperformed the Hong Kong Market which returned 19.2% over the past year.

Price Volatility

Is 1208's price volatile compared to industry and market?
1208 volatility
1208 Average Weekly Movement8.7%
Metals and Mining Industry Average Movement7.7%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.7%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 1208 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1208's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19885,092Liang Caowww.mmg.com

MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. It operates through Las Bambas, Kinsevere, Dugald River, Rosebery, and Other segments. The company holds a 62.5% interest in the Las Bambas open-pit copper and molybdenum mine located in Cotabambas, Apurimac region of Peru; and 100% interest in the Kinsevere open-pit copper mine in the Haut-Katanga province of the Democratic Republic of the Congo.

MMG Limited Fundamentals Summary

How do MMG's earnings and revenue compare to its market cap?
1208 fundamental statistics
Market capHK$30.81b
Earnings (TTM)HK$690.81m
Revenue (TTM)HK$33.95b

44.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1208 income statement (TTM)
RevenueUS$4.37b
Cost of RevenueUS$2.71b
Gross ProfitUS$1.66b
Other ExpensesUS$1.57b
EarningsUS$88.90m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.0073
Gross Margin37.98%
Net Profit Margin2.04%
Debt/Equity Ratio136.0%

How did 1208 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 00:57
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MMG Limited is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ephrem RaviBarclays
Aleksandra BukachevaBMO Capital Markets Equity Research
Chi Kit TsuiBOCI Research Ltd.