On June 15, China Nonferrous Mining rose 6.07% in regular trading, trading at 15.27 HKD/share, with turnover of 19.85 million HKD. The stock extends its rally as the market continues to price in strong Q1 fundamentals.
According to recent remarks by the company's Chairman, Q1 net profit attributable to shareholders surged 63% year-over-year, reaching a record high for the same period. Self-owned mine copper production contributed 59.1% of total profits, with cathode copper gross margin reaching 47.8% and overall gross margin improving from 27.5% to 31.1%. The copper sector showed broad strength, with Jinxun Resource rising 13.62% and Jiangxi Copper gaining 5.21%, reinforcing the ongoing sector recovery from previously oversold levels combined with solid earnings support.
(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.)
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