On July 14, China Nonferrous Mining rose 5.09% in regular trading, reaching HK$12.42 per share, with turnover of approximately HK$88.15 million.
On the news front, the copper sector continued its recovery rally, with peer Jiangxi Copper up 7.02% and China Daye Nonferrous Metals up 3.16%. Institutional research indicates that copper stocks are currently in a low-PE, high-EPS-resilience phase, having entered an EPS-driven cycle with August-September expected to serve as the primary window for oversold recovery.
Additionally, today marks the company's final dividend payment date, distributing HK$0.32502 per share (equivalent to US$0.041446). With the interim results window approaching, the company reported Q1 net profit attributable to shareholders of US$201 million, representing a 63% year-over-year increase, providing solid fundamental support for the share price.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments