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1208 logo

MMG SHSC:1208 Stock Report

Last Price

HK$2.72

Market Cap

HK$33.0b

7D

3.0%

1Y

33.3%

Updated

22 Jan, 2025

Data

Company Financials +

MMG Limited

SHSC:1208 Stock Report

Market Cap: HK$33.0b

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

Rewards

Trading at 83% below our estimate of its fair value

Earnings are forecast to grow 64.8% per year

Earnings grew by 160.7% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Shareholders have been substantially diluted in the past year


My Notes

Capture your thoughts, links and company narrative

MMG Limited Competitors

Lygend Resources & Technology

SEHK:2245

HK$8.9b

Wanguo Gold Group

SEHK:3939

HK$14.7b

CMOC Group

SEHK:3993

HK$155.7b

Xinjiang Xinxin Mining Industry

SEHK:3833

HK$1.8b

Price History & Performance

Summary of share price highs, lows and changes for MMG
Historical stock prices
Current Share PriceHK$2.72
52 Week HighHK$4.51
52 Week LowHK$1.75
Beta2.14
1 Month Change7.51%
3 Month Change2.26%
1 Year Change33.33%
3 Year Change-2.16%
5 Year Change51.96%
Change since IPO-0.73%

Recent News & Updates

Recent updates

Shareholder Returns

1208HK Metals and MiningHK Market
7D3.0%4.0%1.2%
1Y33.3%34.7%20.6%

Return vs Industry: 1208 underperformed the Hong Kong Metals and Mining industry which returned 41.6% over the past year.

Return vs Market: 1208 exceeded the Hong Kong Market which returned 26.2% over the past year.

Price Volatility

Is 1208's price volatile compared to industry and market?
1208 volatility
1208 Average Weekly Movement7.4%
Metals and Mining Industry Average Movement6.1%
Market Average Movement6.5%
10% most volatile stocks in HK Market13.9%
10% least volatile stocks in HK Market3.0%

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 (7%) 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$32.99b
Earnings (TTM)HK$692.34m
Revenue (TTM)HK$34.02b

47.7x

P/E Ratio

1.0x

P/S Ratio

Is 1208 overvalued?

See Fair Value and valuation analysis

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 Analysis2025/01/22 13:08
End of Day Share Price 2025/01/22 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 26 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.