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<Research>UBS Initiates Coverage on ZIJIN GOLD INTL w/ Rating Buy, TP HKD189
Recommend 74 Positive 134 Negative 40 |
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UBS has published a research report initiating coverage on ZIJIN GOLD INTL (02259.HK) with a Buy rating and a target price of HKD189. According to the report, ZIJIN GOLD INTL, a spun-off subsidiary from the overseas gold mines of ZIJIN MINING (02899.HK), is expected to achieve a CAGR of around 20% in production from 2025 to 2027, bringing its total output from 45 tons to 65 tons, thereby driving a 30% CAGR in earnings. AAStocks Financial News |
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